312-402-2959
2501 Holiday Dr, Jacksonville, IL for Sale
Hospitality - FOR SALE
1/8
null | Request Cap Rate

2501 Holiday Dr
Jacksonville, IL 62650


HIGHLIGHTS

  • Strong operational upside in transitioning the asset out of institutional ownership and third-party management.
  • Property is offered unencumbered by management and debt and at a significant discount to replacement cost.
  • Conveniently located less than 45 minutes to Springfield, the state capitol city of Illinois, offering overflow lodging for events and activities in S
  • Educational demand fueled by Illinois College, one of the state’s oldest higher learning institutions, the Illinois School for the Deaf, and the Illin
  • Diverse set of local corporate demand includes the Passavant Area Hospital, Jacksonville School District, and Jacksonville Correction Facility
  • Deep historical roots, with connections to the Underground Railroad and prominent 19th-century figures, including Stephen Douglas and Ulysses S. Grant

OVERVIEW

RI Marketplace Online Auction Jan 20-22, 2025 Register to bid on Marketplace: https://rimarketplace.com/auction/2262/reit-sale-holiday-inn-express-suites-jacksonville-illinois?utm_source=costar Alchemy Real Estate Advisors is pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in the 69-room Holiday Inn Express & Suites in Jacksonville, Illinois. The Property is offered for sale as part of an eight (8) property portfolio located across five (5) states in Illinois, Iowa, Kansas, Missouri and Oklahoma. All properties will be sold individually in the January 22nd Auction Event. The 8 properties include: Holiday Inn Express & Suites: Jacksonville, Illinois Holiday Inn Express & Suites: Mattoon, Illinois Holiday Inn Express & Suites: Dubuque, Iowa Holiday Inn Express & Suites: Emporia, Kansas Holiday Inn Express & Suites: Nevada, Missouri Holiday Inn Express & Suites: Bethany (OKC MSA), Oklahoma Holiday Inn Express & Suites: Chickasha (OKC MSA), Oklahoma Hampton Inn: Chickasha (OKC MSA), Oklahoma Property Tours Property tours are available on Thursday, January 9th and Friday, January 10th by appointment only. Please reach out to Brent Clemens, bclemens@alchemyrea.com, to schedule. Scott Bowers, Auctioneer License: 040000273

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

69

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Jacksonville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2007

PARKING SPACES

73

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

P

APN/PARCEL ID

13-05-201-017

ASK ABOUT THIS PROPERTY

Brent ClemensAlchemy Real Estate Advisors, LLCMore Info
312-402-2959

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Brent ClemensAlchemy Real Estate Advisors, LLCMore Info
312-402-2959

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