708-267-9988
100 Coles Centre Pky, Mattoon, IL for Sale
Hospitality - FOR SALE
1/7
null | Request Cap Rate

100 Coles Centre Pky
Mattoon, IL 61938


OVERVIEW

SVN Chicago Commercial is pleased to offer the opportunity to acquire the Hilton Garden Inn – Mattoon, a 102-room, next-generation Hilton prototype hotel built in 2022. As the newest of just 11 hotels in the Mattoon market, this asset is the first of its kind to showcase Hilton Garden Inn’s updated concept design. The property operates with no expiration on the Hilton flag and has no Property Improvement Plan (PIP) due until 2032—offering long-term brand stability and reduced capital expenditure requirements. This self-managed hotel boasts strong operational performance, consistently outperforming its competitive set. An assumable USDA-backed loan of $9 million at 7.25% is available, subject to lender approval.

FOR SALE DETAILS

PRICE

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# OF ROOMS

102

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hilton Garden Inn Mattoon

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2022

PARKING SPACES

205

LAND DETAILS

LAND ACRES

6.8 AC

LAND SF

296,208 SF

ZONING

C

APN/PARCEL ID

06-0-05161-002

ASK ABOUT THIS PROPERTY

Derek GonschSVN | Chicago CommercialMore Info
708-267-9988

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Derek GonschSVN | Chicago CommercialMore Info
708-267-9988

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.