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Americas Best Value Inn Marion, IL 1802 Bittle Pl 64 Room Hotel Marion, IL 62959 $4,067,843 CAD ($63,560 CAD/Room)
INVESTMENT HIGHLIGHTS
- High Traffic and Visibility
- Located Adjacent to Rt.13 & I-57
- Easy Access
EXECUTIVE SUMMARY
Prime Investment Opportunity: 98-Room Hotel with Bar and Liquor Store - Don't miss out on this opportunity to own a spacious 98-room hotel, with over 55,000 square feet
of space on 2.68 acres in a highly visible location just off I-57! Whether catering to business travelers, tourists, or long term guests, this property offers the perfect blend of comfort,convenience and profitability. Guests can enjoy the on-site bar, providing a place for relaxation and socializing. Additionally, the package liquor store and gaming ensures steady income and adds to the hotel's appeal. With plenty of square footage and endless potential for upgrades, this property is an attractive investment in the hospitality industry. Don't miss out on this unique offering-----schedule a tour today and explore the possibilities.
of space on 2.68 acres in a highly visible location just off I-57! Whether catering to business travelers, tourists, or long term guests, this property offers the perfect blend of comfort,convenience and profitability. Guests can enjoy the on-site bar, providing a place for relaxation and socializing. Additionally, the package liquor store and gaming ensures steady income and adds to the hotel's appeal. With plenty of square footage and endless potential for upgrades, this property is an attractive investment in the hospitality industry. Don't miss out on this unique offering-----schedule a tour today and explore the possibilities.
PROPERTY FACTS
| Price | $4,067,843 CAD | Building Size | 55,049 SF |
| Price Per Room | $63,560 CAD | No. Rooms | 64 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1967/2004 |
| Property Subtype | Hotel | Parking Ratio | 1.78/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.68 AC | ||
| Zoning | C - Commercial | ||
| Price | $4,067,843 CAD |
| Price Per Room | $63,560 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.68 AC |
| Building Size | 55,049 SF |
| No. Rooms | 64 |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2004 |
| Parking Ratio | 1.78/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial |
AMENITIES
- Business Center
- Pool
- On-Site Retail
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 64 | $118.59 CAD | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,052,520 CAD | |
| Land Assessment | $107,070 CAD | Total Assessment | $1,159,590 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$107,070 CAD
Improvements Assessment
$1,052,520 CAD
Total Assessment
$1,159,590 CAD
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Americas Best Value Inn Marion, IL | 1802 Bittle Pl
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