900 N Olive Rd | Flora, IL 62839
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900 N Olive Rd
Flora, IL 62839
Rodeway Inn Flora · Hospitality Property For Sale
·
23,817 SF
INVESTMENT HIGHLIGHTS
- Significant investments have been made to ensure the property is up-to-date and ready for a smooth transition to the new owner
- Low Competition: Only one competing hotel within a 15-mile radius.
- Attractie Revenue Multiple: With a 2-Year Room Revenue Average of $408,000, the hotel is priced to sell at a 2.8 Room Revenue Multiple
- This includes modern amenities such as all 40” LCD TVs, new carpeting, and updated bathrooms
- TurnKey, Priced to Sell: Offered at $26,325 per key including one Management Suite
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1954/2012 |
| Building Class | C | Parking Ratio | 3.74/1,000 SF |
| Lot Size | 5.72 AC | Corridor | Exterior |
| Building Size | 23,817 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.72 AC |
| Building Size | 23,817 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1954/2012 |
| Parking Ratio | 3.74/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 10-25-200-043 | Improvements Assessment | $76,239 |
| Land Assessment | $52,312 | Total Assessment | $128,551 |
PROPERTY TAXES
Parcel Number
10-25-200-043
Land Assessment
$52,312
Improvements Assessment
$76,239
Total Assessment
$128,551
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