4600 53rd St
Moline, IL 61265
Residence Inn Moline Quad Cities · Hospitality Property For Sale
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49,673 SF
INVESTMENT HIGHLIGHTS
- The Marriott-branded hotel is a four-story, 84-room, limited-service, extended-stay property built in 2008.
- The Quad Cities International Airport is located three miles away from the subject property.
- The Property is offered fee simple and unencumbered by any management contracts or existing debt.
- Nestled in the heart of Moline, just off I-74 and I-80 on John Deere Road, the property is highly visible from the expressway with over 80,000 CPD.
- Currently institutionally owned and third-party managed, a new owner-operator can see potential upside through a reduction in operational expenses.
PROPERTY FACTS
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.14 AC |
| Building Size | 49,673 SF |
| No. Stories | 4 |
| Year Built | 2008 |
| Tenancy | Single |
| Parking Ratio | 1.81/1,000 SF |
| Corridor | Interior |
| Zoning | MOL |
AMENITIES
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
ABOUT 4600 53RD ST , MOLINE, IL 61265
The hotel is positioned within the Quad Cities metropolitan area, more formally known as the Davenport–Moline–Rock Island. The MSA had an estimated population of 500,000. DIVERSE DEMAND GENERATORS: Quad City International Airport (3.0 miles), Deer & Co World HQ (2.8 miles), John Deer Pavilion (5.9 miles), TPC Golf Classic (4.8 miles), Memorial Park Cemetery (1.1 miles), Bix Jazz Festival (11 miles), Circa 21 Dinner Playhouse (8.5 miles), Rock Island Arsenal (5.9 miles), Quad Cities Rehabilitation Institute (4.0 miles). MAJOR EMPLOYERS: The city’s major employers in close proximity to the property are Deer & Co World HQ, Rock Island Arsenal, Unity Point Health-Trinity (3.6 miles), St. Luke’s Hospital (3.1 miles), Rockwell Collins (1.7 miles), and Aegon USA (2.7 miles).
PROPERTY TAXES
| Parcel Number | 17-14-115-001 | Improvements Assessment | $1,176,608 |
| Land Assessment | $163,431 | Total Assessment | $1,340,039 |
