236 S Jacques St - Hospitality FOR SALE


Arcola, IL 61910
$560,000 USD
217-693-8758
236 S Jacques St, Arcola, IL for Sale
$560,000 USD
Hospitality - FOR SALE
1/54
null | Request Cap Rate

236 S Jacques St
Arcola, IL 61910


HIGHLIGHTS

  • Prime Location: Conveniently located off Highway 133 and close to I-57, the Arcola Inn is easily accessible and surrounded by popular dining spots
  • Owner's Living Quarters: The property includes a 2-room living space, ideal for an on-site manager or owner-operator
  • Modern amenities, including flat-screen TVs, high-speed internet access, and individual climate control, ensuring guests' comfort.
  • 30 Spacious Guest Rooms: Each room is crafted for comfort, featuring modern amenities that ensure a pleasant experience for all guests.
  • Potential for Growth: With its strategic location and solid reputation, the Arcola Inn presents excellent potential for revenue growth/development

OVERVIEW

Accessing Financial Documents & Support: To access all financial documents, please sign the Confidentiality Agreement on this website, and you’ll be able to download them right away. For any other inquiries, feel free to reach out to Hiren S. Panchal at 217-693-8758 or Atif Irfan at 217-419-0195. Kindly refrain from contacting the owners directly, as they prefer not to be disturbed. We're here to assist you with anything you need! Welcome to the Arcola Inn, a well-established motel situated in a high-visibility location near key attractions and major highways. This property boasts 30 well-appointed guest rooms, designed to meet the needs of every traveler, whether they're staying for a night or an extended visit. Each room has been thoughtfully equipped with a range of amenities to ensure a comfortable and enjoyable stay. This is a rare opportunity to own a profitable motel in a thriving area. Whether you're an experienced hotelier or a first-time investor, the Arcola Inn offers a stable income with room for expansion. Don't miss out on this exceptional investment—inquire today! Ample Parking and Outdoor Space: The property features ample parking for guests and well-maintained outdoor areas, enhancing the overall guest experience. Spacious Room Layouts: Each guest room offers ample space for relaxation, thoughtfully arranged to maximize comfort with dedicated areas for sleeping, lounging, and working. Comfortable Bedding: Guests will enjoy plush bedding, featuring either double or queen-sized beds, perfect for a restful night’s sleep. Convenient In-Room Appliances: Each room is equipped with a microwave and mini-fridge, offering guests the convenience of storing and preparing their own meals or snacks. Well-Appointed Bathrooms: Bathrooms are designed for style and function, featuring well-lit vanities, modern fixtures, and ample towels and toiletries. Inviting Décor: The rooms are decorated in a warm, welcoming color palette, creating a homey atmosphere that makes guests feel right at home. Work-Friendly Spaces: For business travelers, the rooms include dedicated workspaces with desks and chairs, providing a comfortable environment to stay productive.

FOR SALE DETAILS

PRICE

$560,000 USD

PRICE/SF

$45 USD /SF

# OF ROOMS

30

PRICE/ROOM

$18,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arcola Inn in Arcola, IL

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

HC

APN/PARCEL ID

01-14-03-311-013

ASK ABOUT THIS PROPERTY

Hiren PanchalBerkshire Hathaway Snyder Real EstateMore Info
217-693-8758

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Hiren PanchalBerkshire Hathaway Snyder Real EstateMore Info
217-693-8758

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.