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Wye Motel 721 State Route 54 E 27 Room Hotel Clinton, IL 61727 $1,150,000 ($42,593/Room) 12.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Rooms with Kitchen
- Big managers appartment
EXECUTIVE SUMMARY
No owner financing available.
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
| Price | $1,150,000 | Lot Size | 0.78 AC |
| Price Per Room | $42,593 | Building Size | 19,279 SF |
| Sale Type | Investment | No. Rooms | 27 |
| Cap Rate | 12.50% | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built | 1962 |
| Property Type | Hospitality | Parking Ratio | 1.14/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | C - General Commercial | ||
| Price | $1,150,000 |
| Price Per Room | $42,593 |
| 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, 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
| Parcel Number | 07-35-155-009 | Improvements Assessment | $139,623 |
| Land Assessment | $24,404 | Total Assessment | $164,027 |
PROPERTY TAXES
Presented by
Yash Motel, LLC
Wye Motel | 721 State Route 54 E
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