8595 US Highway 51 N - Hospitality FOR SALE


Cobden, IL 62920
$1,400,000 USD
618-925-4653
8595 US Highway 51 N, Cobden, IL for Sale
$1,400,000 USD
Hospitality - FOR SALE
1/50
null | 8.28% Cap Rate

8595 US Highway 51 N
Cobden, IL 62920


HIGHLIGHTS

  • Turn Key, newly renovated.
  • Beautiful property with lots of acres for further development
  • Great Location, centrally located, easy access and close proximity to many tourist activities

OVERVIEW

Newly renovated, Turn-key restaurant, cabin rentals, concert amphitheater centrally located within the Shawnee Hills Wine Trail and only minutes away from Southern Illinois University. In 2022, the restaurant generated $700,000 in income, and the 5 cabins generated $130,000

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$233 USD /SF

# OF ROOMS

7

PRICE/ROOM

$200,000 {currency}

CAP RATE

8.28%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brixwood by Feather Hills

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2010

PARKING SPACES

-

LAND DETAILS

LAND ACRES

26.1 AC

LAND SF

1,136,916 SF

ZONING

C

APN/PARCEL ID

04-08-02-129-A2

ASK ABOUT THIS PROPERTY

Karen CuppRE/MAX Realty CentralMore Info
618-925-4653

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Karen CuppRE/MAX Realty CentralMore Info
618-925-4653

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