110 N 54th St - Hospitality FOR SALE


Quincy, IL 62305
$6,000,000 USD
317-493-0055
110 N 54th St, Quincy, IL for Sale
$6,000,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

110 N 54th St
Quincy, IL 62305


HIGHLIGHTS

  • #1 rated hotel in Quincy, IL since 2013 with strong online reputation across leading platforms.
  • Conversion opportunity: 4-story interior corridor hotel ideal for flagged brand conversion.
  • Operational upside: owner has little hotel experience and is not hands-on with operations.
  • Located near Blessing Health System, ADM, Dot Foods, Titan International, and Quincy University.
  • Quincy serves as economic hub for Tri-State region with diverse demand generators.
  • 92 keys | $6,000,000 list price | $65,000 per key | 5.62-acre site | Built 2006.

OVERVIEW

#1 Rated hotel in Quincy, Illinois Please remember showing up to the hotel unannounced or speaking to any staff about a sale is not allowed Luke Whittaker and Mitchell Glasson are pleased to present the opportunity to acquire the Town & Country Inn & Suites, a well-located select-service hotel in Quincy, Illinois. Quincy serves as the economic hub for the Tri-State region of Western Illinois, Northeast Missouri, and Southeast Iowa, with a diverse economy anchored by healthcare, manufacturing, agriculture, education, logistics, and financial services. Major employers including ADM, Titan International, Dot Foods, Quincy Medical Group, and Blessing Health System generate stable year-round commercial lodging demand, while Quincy University, John Wood Community College and the city's historic downtown and Mississippi River riverfront support additional education, government, and leisure travel. The property offers investors the opportunity to acquire a well-established hotel in a stable regional market with diverse demand generators and opportunities for future revenue growth. Broker Of Record Matthew M. Fitzgerald Matthews Real Estate Investment Services, Inc 471021676, 478027547 (IL) 600 W Fulton, Ste 100 Chicago, IL 60661 (866) 889-0550

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$92 USD /SF

# OF ROOMS

92

PRICE/ROOM

$65,217 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Town & Country Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.62 AC

LAND SF

244,807 SF

ZONING

C3

APN/PARCEL ID

23-9-0141-005-00

ASK ABOUT THIS PROPERTY

Luke WhittakerMatthews Real Estate Investment ServicesMore Info
317-493-0055

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Luke WhittakerMatthews Real Estate Investment ServicesMore Info
317-493-0055

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