1420 W Spresser St - Hospitality FOR SALE
Taylorville, IL 62568 |
$200,000 USD
312-261-8441
1420 W Spresser St
Taylorville, IL 62568
HIGHLIGHTS
- Situated in the heart of Taylorville IL, this property is a 21 unit exterior corridor property, sitting on ±1.59 AC
- Value add investment opportunity with large 14’x16’ rooms and room for rental revenue growth
- Spacious management suite apartment attached to the property with 2 bedrooms 1 bathroom.
- Brand new roof replaced in 2019
- Strong brick building with concrete slab foundation
- Property eligible for certain franchise flags
FOR SALE DETAILS
PRICE
$200,000 USD
PRICE/SF
$23 USD /SF
# OF ROOMS
21
PRICE/ROOM
$9,524 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Gas Light Motel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
1
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1980
PARKING SPACES
30
LAND DETAILS
LAND ACRES
1.59 AC
LAND SF
69,260 SF
ZONING
C-2
APN/PARCEL ID
17-13-28-201-008-00
ASK ABOUT THIS PROPERTY
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312-261-8441
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312-261-8441
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