Super 8 Normal Bloomington 2 Traders Cir 54 Room Hotel Normal, IL 61761 For Sale
EXECUTIVE SUMMARY
Super 8 by Wyndham
Strategically situated just off I-55, approximately 1.1 miles from Illinois State University and Illinois Wesleyan University. Close to State Farm and Country Financial head quarters and Rivian Manufacturing plant.
Investment Highlights
• Prime Location: The hotel’s proximity to major educational institutions and its location off a major interstate make it an attractive option for travelers.
• Property Details: The hotel comprises 54 rooms across three floors. Amenities include free Wi-Fi, complimentary breakfast, 24-hour front desk service, and ample parking accommodating large vehicles. The property is pet-friendly, catering to a broader range of guests.
• Operational Efficiency: As a limited-service hotel, operational costs are minimized, enhancing profitability. Excellent for owner operators.
• Brand Affiliation: Operating under the Wyndham umbrella, the hotel benefits from brand recognition and access to a broad customer base.
Market Overview
Normal, Illinois, with a population of approximately 52,736 as of the 2020 census, is part of the Bloomington-Normal metropolitan area. The presence of Illinois State University, State Farm, Rivian, and other institutions contributes to a steady demand for lodging.
This offering presents a unique opportunity to acquire a well-positioned hotel with consistent demand drivers. The combination of location, brand affiliation, and operational efficiency makes it an excellent investment opportunity.
For more information contact below:
847-275-0390
Please do not call the property.
Strategically situated just off I-55, approximately 1.1 miles from Illinois State University and Illinois Wesleyan University. Close to State Farm and Country Financial head quarters and Rivian Manufacturing plant.
Investment Highlights
• Prime Location: The hotel’s proximity to major educational institutions and its location off a major interstate make it an attractive option for travelers.
• Property Details: The hotel comprises 54 rooms across three floors. Amenities include free Wi-Fi, complimentary breakfast, 24-hour front desk service, and ample parking accommodating large vehicles. The property is pet-friendly, catering to a broader range of guests.
• Operational Efficiency: As a limited-service hotel, operational costs are minimized, enhancing profitability. Excellent for owner operators.
• Brand Affiliation: Operating under the Wyndham umbrella, the hotel benefits from brand recognition and access to a broad customer base.
Market Overview
Normal, Illinois, with a population of approximately 52,736 as of the 2020 census, is part of the Bloomington-Normal metropolitan area. The presence of Illinois State University, State Farm, Rivian, and other institutions contributes to a steady demand for lodging.
This offering presents a unique opportunity to acquire a well-positioned hotel with consistent demand drivers. The combination of location, brand affiliation, and operational efficiency makes it an excellent investment opportunity.
For more information contact below:
847-275-0390
Please do not call the property.
PROPERTY FACTS
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.99 AC |
| Building Size | 20,368 SF |
| No. Rooms | 54 |
| No. Stories | 3 |
| Year Built | 1989 |
| Parking Ratio | 2.95/1,000 SF |
| Corridor | Interior |
| Zoning | B-1 |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 54 | $61.00 | - |
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PROPERTY TAXES
| Parcel Number | 14-16-378-004 | Improvements Assessment | $227,690 |
| Land Assessment | $84,300 | Total Assessment | $311,990 |
CONTACT
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Sunny Punjabi - Sunny Punjabi
