1908 N Lincoln Ave | Urbana, IL 61801
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1908 N Lincoln Ave
Urbana, IL 61801
Howard Johnson by Wyndham Urbana · Hospitality Property For Sale · 35,040 SF
Investment Highlights
- Absentee owned 3-story, 65-room, interior corridor hotel with elevator
- Significant recent renovations
- Excellent hip location near University of Illinois Champaign Urbana and top attractions in the area
- Tremendous upside potential with brand conversion
- Surging Room Revenues in 2022 and YTD 2023
- Rebranding Opportunity: EconoLodge franchise agreement ends December 2023. Available brands include Sleep Inn and AmericInn
PROPERTY FACTS
| Property Type | Hospitality | Number of Floors | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1995/2024 |
| Building Class | C | Parking Ratio | 1.14/1,000 SF |
| Lot Size | 0.93 AC | Corridor | Interior |
| Building Size | 35,040 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.93 AC |
| Building Size | 35,040 SF |
| Number of Floors | 3 |
| Year Built/Renovated | 1995/2024 |
| Parking Ratio | 1.14/1,000 SF |
| Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- High Speed Internet Access
- Public Access Wi-Fi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 91-21-05-301-011 | Improvements Assessment | £304,139 |
| Land Assessment | £71,251 | Total Assessment | £375,390 |
PROPERTY TAXES
Parcel Number
91-21-05-301-011
Land Assessment
£71,251
Improvements Assessment
£304,139
Total Assessment
£375,390
zoning
| Zoning Code | B-3 |
| B-3 |
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