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The Holiday 1300 S West St 92 Room Hotel Olney, IL 62450 $1,627,320 CAD ($17,688 CAD/Room)
Executive Summary
NACRE is pleased to be the exclusive agent in connection with the solicitation of offers to acquire this hotel.
This is a redevelopment opportunity to start a hotel business with restaurant on site or convert in any business model as you like.
Beautiful building with all fixtures and furniture inside. Gaming machines are also on site.
Property Tours:
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
This is a redevelopment opportunity to start a hotel business with restaurant on site or convert in any business model as you like.
Beautiful building with all fixtures and furniture inside. Gaming machines are also on site.
Property Tours:
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Property Facts
| Price | $1,627,320 CAD | Lot Size | 8.00 AC |
| Price Per Room | $17,688 CAD | Building Size | 61,475 SF |
| Sale Type | Investment | No. Rooms | 92 |
| Sale Condition | Redevelopment Project | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1963 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | C-2 - Commercial District | ||
| Price | $1,627,320 CAD |
| Price Per Room | $17,688 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 8.00 AC |
| Building Size | 61,475 SF |
| No. Rooms | 92 |
| No. Stories | 2 |
| Year Built | 1963 |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C-2 - Commercial District |
Amenities
- Restaurant
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $138.32 CAD | - |
| Guest Room | 91 | $55.60 CAD | - |
1 1
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The Holiday | 1300 S West St
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