This property is Off-Market
1851 May Rd
Peru, IL 61354 ·
61 Rooms · Hotel & Motel For Sale
|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|
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.
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