The Econo Lodge is a 93 Unit, 3-Story Interior Corridor Hotel Located in Marion, IL.
The hotel has a consistent revenue history with 3-year average revenue exceeding $800,000. STR data indicates additional upside potential to capture a greater share of the market, with a RevPAR Index of 51%. The Hotel has undergone significant renovations recently and is current on all PIP requirements. As a 3-story interior corridor hotel with elevators, this is an excellent conversion opportunity to the available midscale flags.
Marion, Illinois, a thriving city of 16,000 residents, is a commercial hub at the intersection of Interstate 57, Illinois Route 13, and U.S. Route 37, with over 70,000 vehicles passing daily and connections to major cities like Chicago, St. Louis, and Nashville. As the county seat of Williamson County, it hosts major employers such as Heartland Regional Medical Center, Aisin Manufacturing Illinois, Pepsi Mid-America, and FedEx.
Interested buyers are invited to contact us for further information, to schedule a property visit, or to submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.