Prime Investment Opportunity – Renovated Econo Lodge in El Paso, IL Turnkey Hotel Property in a Strategic Location This is a rare opportunity to own a well-established, fully operational hospitality property situated off Interstate 39 in El Paso, Illinois. With recent upgrades that meet and exceed franchise standards, this property is ready to deliver solid returns. Key Property Features Renovations: New carpets and flooring in all rooms. Updated furniture for improved guest experience. Roof replaced less than 5 years ago. Modern Amenities: All 42 rooms include a fridge and microwave. Guest laundry facilities and vending machines are available. Operational swimming pool for guest recreation. Manager’s apartment on-site for convenience. Franchise Benefits: Low franchise fee of 5% supports strong profitability. Remaining 4-year franchise term with strong brand support, contributing over 50% of bookings through Choice Hotels systems. Financial and Room Details 2024 Annual Revenue: $415,000. Room Rate: $80 per night. Room Configuration: 17 King rooms. 24 Double rooms. Additional Features Conveniently located near dining options, gas stations, and local attractions. Bonus: 17 chairs purchased and included in the sale (currently in India; shipping costs apply). Well-maintained infrastructure with recently replaced bearings and updated flooring. Viewing Schedule Showings available Saturday through Sunday, 1 PM – 5 PM. Contact us today to schedule your visit. Why This Property? This is a fully operational hotel with established revenue, modern upgrades, and a strategic location just off Interstate 39. With strong franchise support, minimal immediate maintenance needs, and proximity to attractions like the El Paso Golf Club and Evergreen Lake, this property is a great addition to any portfolio.