1300 S West St - Hospitality FOR SALE


Olney, IL 62450
$1,200,000 USD
331-551-2873
1300 S West St, Olney, IL for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/2
null | Request Cap Rate

1300 S West St
Olney, IL 62450


OVERVIEW

NACRE is pleased to be the exclusive agent in connection with the solicitation of offers to acquire this hotel. This is a redevelopment opportunity to start a hotel business with restaurant on site or convert in any business model as you like. Beautiful building with all fixtures and furniture inside. Gaming machines are also on site. Property Tours: Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$20 USD /SF

# OF ROOMS

92

PRICE/ROOM

$13,043 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Holiday

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8 AC

LAND SF

348,480 SF

ZONING

C-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Noman KhanNA Commercial Real Estate Inc.More Info
331-551-2873

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Noman KhanNA Commercial Real Estate Inc.More Info
331-551-2873

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