3440 E Clear Lake Ave - Hospitality FOR SALE


Springfield, IL 62702
$3,800,000 USD
217-638-1360
3440 E Clear Lake Ave, Springfield, IL for Sale
$3,800,000 USD
Hospitality - FOR SALE
1/33
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3440 E Clear Lake Ave
Springfield, IL 62702


OVERVIEW

Well run Best Western hotel in the gateway to Springfield. Located off I72 and I55 great access to downtown and hospitals. 45 rooms, indoor pool, exercise room, and breakfast area for guests. Location access to downtown, medical district, state fair and grounds, NEW Sports-complex, retail, and restaurants. The hotel is maintained at a high level. New roof, LED lighting, fitness eq., beds, and TVs. All improvements completed in past 2 years.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$144 USD /SF

# OF ROOMS

45

PRICE/ROOM

$84,444 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Clearlake Plaza

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1999

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

B-2

APN/PARCEL ID

14-36.0-226-010

ASK ABOUT THIS PROPERTY

Jerry GeorgeThe Real Estate GroupMore Info
217-638-1360

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Jerry GeorgeThe Real Estate GroupMore Info
217-638-1360

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