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.