1920 N Kennedy Blvd - Hospitality FOR SALE


Vandalia, IL 62471
$3,700,000 USD
217-693-8758
1920 N Kennedy Blvd, Vandalia, IL for Sale
$3,700,000 USD
Hospitality - FOR SALE
1/120
null | Request Cap Rate

1920 N Kennedy Blvd
Vandalia, IL 62471


HIGHLIGHTS

  • 78 keys (77 operational rooms) | 4 manager quarters (two 2-bed units + two 1-bed units) | Two-story, exterior corridor layout.
  • Brand-new roof underway | High-visibility monument signage | Updated façade with stacked stone and porte-cochère.
  • Functional outdoor pool | Landscaped courtyard with koi pond, pavilion, and seating | Lobby with dual-station check-in and electric fireplace.
  • Modern interiors with LVP flooring, updated vanities | In-room microwave, fridge, coffee station, flat-screen TV, and safe.
  • Immediate I-70 access | Minutes from downtown, fuel, dining, and major truck stops | Reliable transient and business traffic.
  • Flagged by Choice Hotels (Quality Inn & Suites) | Very minimal PIP remaining | Event/banquet revenue potential | Strong operational infrastructure.

OVERVIEW

Average Annual Revenue (Past 3 Years): $1.1M. Flagged by Choice Hotels (Quality Inn & Suites) | Very minimal PIP remaining | Event/banquet revenue potential | Strong operational infrastructure. An exceptional opportunity to acquire a well-maintained, franchise-branded hotel in a prime I-70 location. Ideally suited for an owner-operator seeking reliable cash flow, an independent motel owner pursuing franchise affiliation, or an investor adding a stabilized asset to their portfolio.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$23 USD /SF

# OF ROOMS

85

PRICE/ROOM

$43,529 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn & Suites Vandalia near I-70

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1966

PARKING SPACES

138

LAND DETAILS

LAND ACRES

3.75 AC

LAND SF

163,350 SF

ZONING

CG

APN/PARCEL ID

18-14-09-108-012

ASK ABOUT THIS PROPERTY

Hiren PanchalBerkshire Hathaway HomeServices Central Illinois Realtors­More Info
217-693-8758

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Hiren PanchalBerkshire Hathaway HomeServices Central Illinois Realtors­More Info
217-693-8758

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