900 N Olive Rd - Hospitality FOR SALE
Flora, IL 62839 |
900 N Olive Rd
Flora, IL 62839
HIGHLIGHTS
- Significant investments have been made to ensure the property is up-to-date and ready for a smooth transition to the new owner
- This includes modern amenities such as all 40” LCD TVs, new carpeting, and updated bathrooms
- Low Competition: Only one competing hotel within a 15-mile radius.
- TurnKey, Priced to Sell: Offered at $26,325 per key including one Management Suite
- Attractie Revenue Multiple: With a 2-Year Room Revenue Average of $408,000, the hotel is priced to sell at a 2.8 Room Revenue Multiple
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Rodeway Inn Flora
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
27827.1
STORIES
1
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1954
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
Commercial
APN/PARCEL ID
10-25-200-043
