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Hilton Garden Inn Mattoon 100 Coles Centre Pky 102 Room Hotel Mattoon, IL 61938 $17,900,000 ($175,490/Room)
EXECUTIVE SUMMARY
SVN Chicago Commercial is pleased to offer the opportunity to acquire the Hilton Garden Inn – Mattoon, a 102-room, next-generation Hilton prototype hotel built in 2022. As the newest of just 11 hotels in the Mattoon market, this asset is the first of its kind to showcase Hilton Garden Inn’s updated concept design. The property operates with no expiration on the Hilton flag and has no Property Improvement Plan (PIP) due until 2032—offering long-term brand stability and reduced capital expenditure requirements.
This self-managed hotel boasts strong operational performance, consistently outperforming its competitive set. An assumable USDA-backed loan of $9 million at 7.25% is available, subject to lender approval.
This self-managed hotel boasts strong operational performance, consistently outperforming its competitive set. An assumable USDA-backed loan of $9 million at 7.25% is available, subject to lender approval.
PROPERTY FACTS
| Price | $17,900,000 | Building Size | 105,096 SF |
| Price Per Room | $175,490 | No. Rooms | 102 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built | 2022 |
| Property Subtype | Hotel | Parking Ratio | 1.95/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 6.80 AC | ||
| Zoning | C - Commercial | ||
| Price | $17,900,000 |
| Price Per Room | $175,490 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 6.80 AC |
| Building Size | 105,096 SF |
| No. Rooms | 102 |
| No. Stories | 4 |
| Year Built | 2022 |
| Parking Ratio | 1.95/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial |
AMENITIES
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $181.00 | 465 |
| Guest Room | 100 | $167.00 | 332 |
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PROPERTY TAXES
| Parcel Number | 06-0-05161-002 | Improvements Assessment | $3,255,683 |
| Land Assessment | $141,983 | Total Assessment | $3,397,666 |
PROPERTY TAXES
Parcel Number
06-0-05161-002
Land Assessment
$141,983
Improvements Assessment
$3,255,683
Total Assessment
$3,397,666
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Hilton Garden Inn Mattoon | 100 Coles Centre Pky
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