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1928 W War Memorial Dr
Peoria, IL 61614
Courtyard Peoria · Hospitality Property For Sale · 58,500 SF

INVESTMENT HIGHLIGHTS

  • The Hotel benefits from a 14-year franchise license, which is very uncommon for Marriott products of this age.
  • The Hotel will require a full PIP upon sale, improving the standing of this property in relation to the competitive set.
  • Offered Well Below Replacement Cost
  • Upside from Replacing Existing Management
  • Terrific Location to Major Demand Generators

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.19 AC
Building Size 58,500 SF
No. Stories 3
Year Built/Renovated 1993/2013
Tenancy Single
Parking Ratio 1.44/1,000 SF
Corridor Interior
Zoning GC

AMENITIES

  • Balcony
  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1430201018
Land Assessment
$339,600
Improvements Assessment
$1,092,590
Total Assessment
$1,432,190
  • Listing ID: 29472669

  • Date on Market: 9/8/2023

  • Last Updated:

  • Address: 1928 W War Memorial Dr, Peoria, IL 61614

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