This Property is no longer advertised on Showcase.com.
Off Market
1/24

1928 W War Memorial Dr
Peoria, IL 61614


HIGHLIGHTS

  • Courtyard Peoria is an attractive, 78-room hotel superbly positioned with premier visibility off the I-74 and US Route 150 interchange in Peoria.
  • Ideal proximity to the Illinois Central College, OSF Outpatient Medical Center Carle Health Center, and corporate offices spanning several industries.
  • Opportunity to revamp the operations by implementing strategic cost control initiatives and employing more aggressive yield management strategies.
  • Excellent investment offered well below replacement costs with significant RevPar upside within a highly trafficked area surrounded by demand drivers.
  • Hotel benefits from a valuable 14-year franchise license, which is incredibly rare for Marriott products of this age.
  • Short commute to Bradley University, Peoria Airport, Caterpillar World Headquarters, Louisville Slugger Complex, and the Peoria Civic Center.

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

Courtyard Peoria | Sought-After Destination

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

58500

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1994

PARKING SPACES

84

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

GC

APN/PARCEL ID

1430201018