5100 Hickory Point Frontage Rd - Hospitality FOR SALE


Decatur, IL 62526
$2,451,000 USD
773-631-8300
5100 Hickory Point Frontage Rd, Decatur, IL for Sale
$2,451,000 USD
Hospitality - FOR SALE
1/35
null | 12.48% Cap Rate

5100 Hickory Point Frontage Rd
Decatur, IL 62526


HIGHLIGHTS

  • Huge Parking lot, Truck and RV Parking available, New roof, many room updated with ceilings and new manager's apartment, Updated Electric Work.

OVERVIEW

New Roof, Updated new electric work for the building, many and most rooms has new ceilings, newly painted, new manager's apartments, new laundry system and 2 laundry rooms are updated, updated most guest rooms and breakfast area. Convenient location, Near Business district and Highways, easy access. Nearby public transportation and major street, near shopping area and Mall, 24 hours fast food restaurant near by. Corporate clientele accounts to work with major marketing plans and extended stay program....Major Work force market area with major employment sources surroundings area nearby.

FOR SALE DETAILS

PRICE

$2,451,000 USD

PRICE/SF

$100 USD /SF

# OF ROOMS

95

PRICE/ROOM

$25,800 {currency}

CAP RATE

12.48%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baymont by Wyndham Decatur

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1984

PARKING SPACES

150

LAND DETAILS

LAND ACRES

3.44 AC

LAND SF

149,846 SF

ZONING

B2

APN/PARCEL ID

07-07-23-301-023

ASK ABOUT THIS PROPERTY

Rita ShahColdwell Banker Commercial RealtyMore Info
773-631-8300

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Rita ShahColdwell Banker Commercial RealtyMore Info
773-631-8300

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