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128 Cheekwood Ln
Ullin, IL 62992
Americas Best Value Inn Ullin Mounds · Hospitality Property For Sale
·
20,000 SF
INVESTMENT HIGHLIGHTS
- located on busy I 57 Exit 18, Onsite Bar/C-suite with Video Poker Slots and Restaurant Next Door , Indoor Pool
PROPERTY FACTS
AMENITIES
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ABOUT 128 CHEEKWOOD LN , ULLIN, IL 62992
Ideal Hotel for owner Operator, Solid Performance and Growing Business Year after Year as Americas Best Value Inn a RLHC franchise. No PIP, and very Minor Franchise Transfer Fee. = More Profit for the Owner/ Operator. Ideal Location on Busy I 57 off Exit 18, lots of tourist, Transit and local business. Solid Performance with Approx 100K+ NOI Indoor Hotel With 40 Rent-able Units + 2 Bedroom Managers Apt. Onsite Lounge/ Bar with Video Slot Machines Added in 2019 November = lots of Extra Income. Listed For less than 3 times Gross Room Revenue of 2019 (1/1/2109 -11/30/19) 11 months Gross Room Revenue $296,948.46 ($296,948.46 Does not Include Extra Income of Goods Sold at Mini-Store + Alcohol Sale + Other Misc. Income + Video Slot Machine Profit Share) = Extra Income Profits Making it a Must See : A Rural Location With Lots Of Upside Benefit " Best Deal Under $ 1M " Reason For Sale: Owners Looking To focus more on other Investments
