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Wye Motel 721 State Route 54 E 26 Room Hotel Clinton, IL 61727 $1,367,600 CAD ($52,600 CAD/Room) 12% Cap Rate
Investment Highlights
- Kitchenette and Suite Rooms for Extended Stays
Executive Summary
26-Room Motel with managers apartment. Strong Cash Flow - Perfect for first Time Owners! 13 out of 26 rooms are Kitchenettes.
No owner financing needed.
No owner financing needed.
Property Facts
| Price | $1,367,600 CAD | Building Size | 14,467 SF |
| Price Per Room | $52,600 CAD | No. Rooms | 26 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 12% | Year Built | 1962 |
| Property Type | Hospitality | Parking Ratio | 1.59/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.78 AC | ||
| Zoning | C - General Commercial | ||
| Price | $1,367,600 CAD |
| Price Per Room | $52,600 CAD |
| Sale Type | Investment |
| Cap Rate | 12% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.78 AC |
| Building Size | 14,467 SF |
| No. Rooms | 26 |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.59/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C - General Commercial |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $95.73 CAD | - |
| Guest Room | 25 | $88.89 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 07-35-155-009 | Improvements Assessment | $190,678 CAD |
| Land Assessment | $33,328 CAD | Total Assessment | $224,005 CAD |
Property Taxes
Parcel Number
07-35-155-009
Land Assessment
$33,328 CAD
Improvements Assessment
$190,678 CAD
Total Assessment
$224,005 CAD
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Presented by
Hardik Patel
Wye Motel | 721 State Route 54 E
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