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Moline Bell Hotel 2501 52nd Ave 99 Room Hotel Moline, IL 61265 $1,500,000 ($15,152/Room) 15.44% Cap Rate
Investment Highlights
- Strategic location near two interstate highways providing seamless traveler connectivity
- Large on-site parking field supporting guest convenience and bus or fleet accommodations
- Valuable zoning flexibility within the B-4 commercial district suitable for ongoing hospitality use or repositioning
- Recent renovations enhancing long-term durability and operational performance
- Walking distance to major attractions including John Deere Pavilion and strong nearby retail presence
- Attractive cap rate supporting immediate investor yield with potential for further value enhancement
Executive Summary
The Moline Bell Hotel in Moline, Illinois, is a remarkable historic property now available for sale, offering a unique opportunity for investors or entrepreneurs.
Overview:
Historic Charm: This hotel features beautiful period architecture, with details that highlight its rich history while providing a warm and inviting atmosphere.
Diverse Accommodations: The property includes a range of guest rooms designed for comfort, catering to both leisure and business travelers.
Influence zone:
Influence Zone: 220,000 Population
Prime Location: As close as a 2 minute drive from the Quad Cities International Airport and Conveniently situated near the Mississippi River and the vibrant downtown area, the hotel is close to popular attractions, dining options, and entertainment venues.
Modern Upgrades: Recent renovations have enhanced the hotel’s appeal, including high-end furniture, laminated flooring, and energy-efficient LED lighting, creating a contemporary yet welcoming environment.
Growth Potential: The property presents opportunities for further renovation and expansion, allowing for an increase in capacity and the potential to introduce new services.
This hotel stands out as an enticing investment for those looking to tap into the hospitality market in a thriving location.
Overview:
Historic Charm: This hotel features beautiful period architecture, with details that highlight its rich history while providing a warm and inviting atmosphere.
Diverse Accommodations: The property includes a range of guest rooms designed for comfort, catering to both leisure and business travelers.
Influence zone:
Influence Zone: 220,000 Population
Prime Location: As close as a 2 minute drive from the Quad Cities International Airport and Conveniently situated near the Mississippi River and the vibrant downtown area, the hotel is close to popular attractions, dining options, and entertainment venues.
Modern Upgrades: Recent renovations have enhanced the hotel’s appeal, including high-end furniture, laminated flooring, and energy-efficient LED lighting, creating a contemporary yet welcoming environment.
Growth Potential: The property presents opportunities for further renovation and expansion, allowing for an increase in capacity and the potential to introduce new services.
This hotel stands out as an enticing investment for those looking to tap into the hospitality market in a thriving location.
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Price | $1,500,000 | Building Size | 29,224 SF |
| Price Per Room | $15,152 | No. Rooms | 99 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 15.44% | Year Built | 1977 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 3.94/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.07 AC | Cross Streets | Coaltown Rd. |
| Zoning | B-4 - Highway Business District | ||
| Price | $1,500,000 |
| Price Per Room | $15,152 |
| Sale Type | Investment |
| Cap Rate | 15.44% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.07 AC |
| Building Size | 29,224 SF |
| No. Rooms | 99 |
| No. Stories | 2 |
| Year Built | 1977 |
| Tenancy | Single |
| Parking Ratio | 3.94/1,000 SF |
| Corridor | Interior |
| Cross Streets | Coaltown Rd. |
| Zoning | B-4 - Highway Business District |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 99 | $63.00 | - |
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Property Taxes
| Parcel Number | 17-16-106-008 | Improvements Assessment | $558,439 |
| Land Assessment | $172,808 | Total Assessment | $731,247 |
Property Taxes
Parcel Number
17-16-106-008
Land Assessment
$172,808
Improvements Assessment
$558,439
Total Assessment
$731,247
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Moline Bell Hotel | 2501 52nd Ave
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