This Hospitality Property is no longer advertised on LoopNet.com.

102 Holiday Ln
Salem, IL 62881
 Holiday Inn Express & Suites Salem · Hospitality Property For Sale · 45,000 SF

Hotels Illinois Salem 102 Holiday Ln, Salem, IL 62881

INVESTMENT HIGHLIGHTS

  • Formula Blue Construction, 86 Rooms, 3 Stories, built in 2016 – available below Replacement Cost!
  • Strong performance with 2021 T12 room revenue over $2.1M, NOI of $775K
  • 69.0% Occupancy at $97.39 ADR for T12 through October
  • Excellent location off of Interstate 57 with nearby Restaurants and Retail; Interstate 70 to the North and Interstate 64 to the South

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.00 AC
Building Size 45,000 SF
No. Stories 3
Year Built 2016
Corridor Interior
Zoning GC - General Commercial

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space

LINKS

PROPERTY TAXES

Parcel Number 1100022503 Improvements Assessment $1,729,260
Land Assessment $66,560 Total Assessment $1,795,820
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  • Listing ID: 24620101

  • Date on Market: 12/7/2021

  • Last Updated:

  • Address: 102 Holiday Ln, Salem, IL 62881

More public record information on 102 Holiday Ln, Salem, IL 62881

The Hospitality Property at 102 Holiday Ln, Salem, IL 62881 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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