Urban Business Brokers has been exclusively retained to offer for sale the fee simple interest in the 92-room Quality Inn & Suites Moline, IL - Quad Cities.
Auction Date: 05/05/25 - 07/05/25
Registration will provide access to Financials and other Property reports
This 60,000 SF (approximately)- 2 story hotel was built in the year 1987 and situated on a 2.31-acre lot. The Quality Inn & Suites is an interior corridor property with 115 parking spots. The Hotel was renovated in phases - Exterior renovation was completed in 2019-2021, and many interior renovation projects were completed from 2019 & 2023 (A list of renovations completed is provided in the offering memorandum)
Investment Highlights:
-Prime Location: Adjacent to Quad Cities International Airport, which serves over half a million passengers annually.
-Recent Upgrades: Many property improvements were completed in 2021, 2022, and 2023, totaling approximately $350,000.
-Proximity to Major Employer: Just a few minutes from Deere & Company’s world headquarters, the Fortune 100 parent company of John Deere and 19 other subsidiaries in the agriculture and construction industry.
-Attractive Pricing: Offered at a discount to replacement cost.
-Flexible Ownership: Unencumbered with current management and debt.
The offering:
The property is ideally located next to Quad City International Airport, which served 543,944 passengers in 2022 and has an annual economic impact of approximately $500 million. Additionally, John Deere, the largest employer and economic driver in the region, has its worldwide corporate headquarters just six miles away and a major parts distribution center only one mile from the hotel. Ranked #81 on the 2023 Fortune 500 list, John Deere employs over 2,700 people in Moline alone, with many more in surrounding cities.
-The hotel is also conveniently situated near several attractions and amenities:
-Youth sports complexes, including TVK Sports Complex and Greenvalley Sports Complex, which attract traveling teams and tournaments.
-Prime retail access at South Park Mall, featuring over 800,000 SF of retail space, located less than a mile away.
-Entertainment venues, such as the Vibrant Arena, offering an affordable lodging option for concertgoers.
-Higher education institutions, including Western Illinois University.
-Cultural and historical sites, such as the Rock Island Arsenal Museum and the Broadway National Historic District.
-The hotel is strategically positioned at the intersection of I-74 and I-280, with easy access to I-80, I-280, and I-74, making it an ideal stop for both leisure and business travelers seeking comfort and convenience in the Quad Cities region.
DO NOT CONTACT OR CALL THE HOTEL EMPLOYESS DIRECTLY OR YOU WILL BE EXCLUDED FROM NEGOTIATIONS.
Investment Highlights:
-Updated Rooms
-Offered at a discount to replacement cost
-Ample parking
-Ideal Location for Business & Leisure Travelers
-Direct access to Rt. I-80/I-74.
-Abundant labor pool
-Quad City International Airport property, which serves over half a million passengers annually.
-Just a few minutes from Deere & Company’s world headquarters, the Fortune 100 parent company of John Deere and 19 other subsidiaries in the agriculture and construction
industry.