1802 Bittle Pl - Hospitality FOR SALE


Marion, IL 62959
$2,950,000 USD
618-997-1111
1802 Bittle Pl, Marion, IL for Sale
$2,950,000 USD
Hospitality - FOR SALE
1/16
null | Request Cap Rate

1802 Bittle Pl
Marion, IL 62959


HIGHLIGHTS

  • High Traffic and Visibility
  • Easy Access
  • Located Adjacent to Rt.13 & I-57

OVERVIEW

Prime Investment Opportunity: 98-Room Hotel with Bar and Liquor Store - Don't miss out on this opportunity to own a spacious 98-room hotel, with over 55,000 square feet of space on 2.68 acres in a highly visible location just off I-57! Whether catering to business travelers, tourists, or long term guests, this property offers the perfect blend of comfort,convenience and profitability. Guests can enjoy the on-site bar, providing a place for relaxation and socializing. Additionally, the package liquor store and gaming ensures steady income and adds to the hotel's appeal. With plenty of square footage and endless potential for upgrades, this property is an attractive investment in the hospitality industry. Don't miss out on this unique offering-----schedule a tour today and explore the possibilities.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$54 USD /SF

# OF ROOMS

64

PRICE/ROOM

$46,094 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Americas Best Value Inn Marion, IL

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1967

PARKING SPACES

98

LAND DETAILS

LAND ACRES

2.68 AC

LAND SF

116,741 SF

ZONING

C

APN/PARCEL ID

06-14-232-001,06-14-232-006,06-14-232-007,06-14-232-008

ASK ABOUT THIS PROPERTY

Dave ThompsonCentury 21 House of Realty, IncMore Info
618-997-1111

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Dave ThompsonCentury 21 House of Realty, IncMore Info
618-997-1111

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