201 E Ashland St - Hospitality FOR SALE


Morton, IL 61550
$3,950,000 USD
850-319-4459
201 E Ashland St, Morton, IL for Sale
$3,950,000 USD
Hospitality - FOR SALE
1/3
null | Request Cap Rate

201 E Ashland St
Morton, IL 61550


HIGHLIGHTS

  • High-visibility interstate frontage
  • Approved by Choice Hotels
  • Opportunity to upgrade to a higher-tier brand
  • Ideal for passive investors or owner-operators
  • Abstentee Owner

OVERVIEW

JUST LISTED | Hospitality Investment Opportunity | Morton, IL Proud to present a 96-room Comfort Inn & Suites ideally located off Interstate 74 in the thriving market of Morton, Illinois. Don’t miss the chance to acquire a stable, branded asset with room for growth. Text me for further details. ONLY QUALIFIES SERIOUS END BUYERS WITH POF. #HospitalityInvestment #ComfortInnAndSuites #HotelForSale #CREDeals #InterstateProperty #BrandUpgradeOpportunity #ValueAddOpportunity #MortonIllinois #RealEstateByReena #CommercialRealEstate #SBAEligible #HotelInvestors #FlaggedHotel #ChoiceHotels

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$37 USD /SF

# OF ROOMS

96

PRICE/ROOM

$41,146 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Comfort Inn & Suites Morton - Peoria

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2001

PARKING SPACES

273

LAND DETAILS

LAND ACRES

5.55 AC

LAND SF

241,758 SF

ZONING

CITY

APN/PARCEL ID

06-06-16-100-040

ASK ABOUT THIS PROPERTY

Reena PatelVirtual Properties RealtyMore Info
850-319-4459

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Reena PatelVirtual Properties RealtyMore Info
850-319-4459

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