This property is Off-Market

1851 May Rd
Peru, IL 61354 ·

61 Rooms · Hotel & Motel For Sale

N/A

Print

Super 8

Price N/A Commission Split 1.5%
No. Rooms 61 Cap Rate 16%
Building Size 22,500 SF Average Daily Rate $60
Property Type Hotel & Motel Corridor Interior
Property Sub-type Economy/Limited Service Lot Size 97,500 SF
Property Use Type Investment
Listing ID: 18358238 Date Created: 09/15/2013 Last Updated: 05/20/2014

Description

61 unit 3 story motel fully renovated with new compliance. Set on 2.25 acres. 71 Parking spaces. Interior Room Entry, Spacious and Efficient Lobby, with Breakfast Bar. Located on busy, high traffic highway I 80. Excellent investment opportunity for Owner Operator. Price to sell at $35,245 per room. Located close to National Starved Rock State Park. Employees at hotel are not to know hotel is for sale. Listing agent must accompany all showings.

Near E 2nd RD Peru IL off Highway I 80.

Research

1851 May Rd, Peru, IL 61354 (La Salle County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Peru Market Trends - Asking price index trends, sale price trends, asking rent trends

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)