401 S 44th St - Hospitality FOR SALE
Mount Vernon, IL 62864 |
401 S 44th St
Mount Vernon, IL 62864
HIGHLIGHTS
- Hotel is strategically located on I-57 and Broadway Street and sees a combined total of ±62,200 vehicles per day (VPD)
- 2021, 2022, and 2023 all have room revenue exceeding $1,000,000
- The owner invested over $300,000 in CapEx since buying the hotel
- The hotel has a vacant retail site on the parcel that has been rented out in the past that can be leased or operated for additional revenue
- The hotel is three (3) stories and Interior Corridor
- The hotel can be changed into a superior flag for increased ADR
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Super 8 by Wyndham Mt. Vernon IL
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
20000
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1985
PARKING SPACES
90
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
HOTEL
APN/PARCEL ID
06-35-204-006
