4400 N Brandywine Dr
Peoria, IL 61614
U-Haul Moving & Storage at War Memorial Dr · Specialty Property For Sale · 261,000 SF

Property Tour and Contact Detail Information: Property tours are available by appointment as per the dates shown below. Please contact Michael at 773-867-1517 to schedule the tour of the property. Thursday 10/19 - 11AM-3PM Wednesday 11/1 - 11AM-3PM Investment Overview: Marcus & Millichap and their National Hospitality Group, as an exclusive broker, is pleased to offer for sale the Travelodge Peoria Hotel and Conference Center. The hotel is a 240-room, interior corridor, four-story hotel located in Peoria, Illinois. There is an opportunity to rebrand the hotel and upscale the flag to a more appropriate full service option. A more hands on owner or management company could compete for extensive business that comes into the area through the Convention and Visitors Bureau, by updating the hotel and conference center. There are several value add opportunities that a new owner can take advantage of, from the conference/banquet space, to the restaurant and gaming machines, and the interior corridor hotel and atrium. The layout and location of the hotel allows it to compete for larger groups, events, organizations that other hotels in the area cannot accommodate. A new owner coul A new owner could also look into the option to redevelop the property and possibly convert it to Assisted Living, Independent Living or a Senior Care Facility. Property Overview: The Travelodge Peoria Hotel and Conference Center is located in Peoria, Illinois. This 240-unit hotel offers ample bus/truck/car parking and sits on over 7 acres of land. Inside the hotel, there is a 4,000 SF tropical atrium with an indoor pool, onsite bar/restaurant, fitness center, sauna, banquet facilities and meeting space. The over-sized guest rooms are situated in various 3 and 4 story towers located on either side of the hotel, easily accessible by 2 elevators that are in use at the property. Location Overview: Peoria, Illinois is seated in Peoria county, and is the seventh-most populated city in the state. The Peoria Hotel and Conference Center is located just off Interstate 74 and Brandywine Drive. The Peoria Civic Center, located less than six miles from the hotel, hosts meetings, conventions, weddings, banquets, sporting events and entertainment which attracts hundreds of thousands of patrons annually to the area. A major employer in the city is National Center for Agricultural Utilization R