2721 69th Avenue Ct - Hospitality FOR SALE


Moline, IL 61265
$4,399,999 USD
323-496-9736
2721 69th Avenue Ct, Moline, IL for Sale
$4,399,999 USD
Hospitality - FOR SALE
1/12
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2721 69th Avenue Ct
Moline, IL 61265


OVERVIEW

Country Inn & Suites by Radisson, Moline Airport at 2721 69th Avenue Ct, Moline, IL 61265 presents an exceptional hospitality investment opportunity in a strong airport-oriented location. This 60-room hotel offers approximately 41,244 square feet on 1.19 acres and is well-positioned for business and leisure demand in the greater Moline market. Built in 1999 and renovated in 2010, the three-story property features a welcoming lobby, comfortable guest accommodations, and 60 parking spaces with a 1.00-per-room parking ratio. Offered at $4,399,999, this flagged asset is available at an attractive basis of $73,333 per key and $106.68 per square foot. Surrounded by a growing regional population base, the property benefits from strong area demographics, including nearly 99,621 residents within five miles and average household income of $88,327. Its recognized Country Inn & Suites by Radisson branding, convenient Moline Airport positioning, and established physical presence create compelling upside for investors seeking a branded hotel asset in the Quad Cities region.

FOR SALE DETAILS

PRICE

$4,399,999 USD

PRICE/SF

$107 USD /SF

# OF ROOMS

60

PRICE/ROOM

$73,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Country Inn & Suites by Radisson, Moline

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1999

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

MOL

APN/PARCEL ID

17-21-201-002

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
323-496-9736

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
323-496-9736

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