118 E Court St - Hospitality FOR SALE


Paris, IL 61944
$160,000 USD
217-921-0246
118 E Court St, Paris, IL for Sale
$160,000 USD
Hospitality - FOR SALE
1/32
null | Request Cap Rate

118 E Court St
Paris, IL 61944


OVERVIEW

Former 43-Unit Hotel Building – Owner Sale Former 4-story hotel building located in Paris, Illinois. Approx. 26,000 SF brick structure with large parking lot. Building is structurally solid and was previously operated as a hotel. Property is currently closed and sold strictly AS-IS. Requires interior updates and reopening preparation. Suitable for hotel use, apartments, housing conversion or redevelopment. Price: $160,000 Limited-time offering — this price is valid for 30 days only. After that, property may be withdrawn from the market. Direct owner sale. Proof of funds required prior to property access.

FOR SALE DETAILS

PRICE

$160,000 USD

PRICE/SF

$7 USD /SF

# OF ROOMS

43

PRICE/ROOM

$3,721 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Katie Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1924

PARKING SPACES

59

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,036 SF

ZONING

Com

APN/PARCEL ID

09-18-01-401-010,09-18-01-401-011,09-18-01-401-041

ASK ABOUT THIS PROPERTY

Grigory SemenovUPSOOS COMMUNICATION LLCMore Info
217-921-0246

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Grigory SemenovUPSOOS COMMUNICATION LLCMore Info
217-921-0246

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