Wye Motel 721 State Route 54 E 27 Room Hotel Clinton, IL 61727 $1,200,000 ($44,444/Room) 12.50% Cap Rate

INVESTMENT HIGHLIGHTS

  • Rooms with Kitchen
  • Big managers appartment

EXECUTIVE SUMMARY

26-Room Motel with Strong Cash Flow – Perfect for First-Time Owners!
No owner financing available.
$75k+ revenue for Q1 2025

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $1,200,000
Price Per Room $44,444
Sale Type Investment
Cap Rate 12.50%
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.78 AC
Building Size 19,279 SF
No. Rooms 27
No. Stories 2
Year Built 1962
Parking Ratio 1.14/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning C - General Commercial

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi
  • Fully-Equipped Kitchen

ABOUT 721 STATE ROUTE 54 E , CLINTON, IL 61727

This well-established 26-room property is designed to deliver consistent cash flow with versatile room types catering to both short and long-term guests. This property is ideal for an owner-operator, featuring a spacious 3-bedroom, 2-bathroom manager's apartment—perfect for a family looking to live and work on-site. With an average yearly revenue of nearly $300,000 for 2023 and 2024, this motel benefits from multiple local demand drivers, including manufacturing, Clinton Lake tourism, wind turbine farms, agricultural workers, and the Clinton Power Plant. The steady flow of guests ensures reliable occupancy year-round. Family-owned for the past 40 years, this property has been the perfect starting point for anyone looking to build their first business. Its proven track record, strong community ties, and income-generating potential make it a smart investment for anyone eager to enter the hospitality industry. Don’t miss out on this rare opportunity to own a profitable, easy-to-manage motel with a history of success. Contact us today for more details!

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $115.00 -
Guest Room 25 $65.00 -

PROPERTY TAXES

  • Listing ID: 34705162

  • Date on Market: 2/3/2025

  • Last Updated:

  • Address: 721 State Route 54 E, Clinton, IL 61727