Historical Hotel & Motel Sale Listing - Super 8

Hotel & Motel For Sale

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Super 8

1851 May Rd, Peru, IL 61354

N/A

61 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

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

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.

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

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