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Moline Bell Hotel 2501 52nd Ave 99 Room Hotel Moline, IL 61265 $1,930,500 ($19,500/Room) 12% Cap Rate
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.
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.
Prime Location: Conveniently situated near the Mississippi River and the vibrant downtown area, the hotel is close to popular attractions, dining options, and entertainment venues.
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.
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.
Prime Location: Conveniently situated near the Mississippi River and the vibrant downtown area, the hotel is close to popular attractions, dining options, and entertainment venues.
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 | $1,930,500 | Building Size | 29,224 SF |
| Price Per Room | $19,500 | No. Rooms | 99 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 12% | 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 | $1,930,500 |
| Price Per Room | $19,500 |
| Sale Type | Investment |
| Cap Rate | 12% |
| 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 | - |
1 1
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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