2000 W War Memorial Dr | Peoria, IL 61614
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2000 W War Memorial Dr
Peoria, IL 61614
Residence Inn Peoria · Hospitality Property For Sale · 42,400 SF
Investment Highlights
- Property tours are available April 5th between 8 am and 5 pm and April 6th between 8 am and 11 am.
- A well-performing hotel with a 75% occupancy rate located in a submarket that saw a hospitality demand increase of 6% in November.
- This premium-branded property by Marriott has shown year-over-year improvement and an excellent upside opportunity.
- The property is a 10–15 minute drive to the international airport, the Amtrak station, and downtown.
- Demand drivers to the area are the Northwoods Mall, Louisville Slugger Complex, Bradley University, Northmoor Observatory, and the Peoria Civic Center
- Investors can benefit from a wide range of financial incentives and support for businesses looking to grow in Peoria.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Number of Floors | 3 |
| Property Type | Hospitality | Year Built | 1993 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.91/1,000 SF |
| Lot Size | 2.22 AC | Corridor | Interior |
| Building Size | 42,400 SF |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.22 AC |
| Building Size | 42,400 SF |
| Number of Floors | 3 |
| Year Built | 1993 |
| Tenancy | Single |
| Parking Ratio | 1.91/1,000 SF |
| Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £711,723 | |
| Land Assessment | £273,038 | Total Assessment | £984,760 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£273,038
Improvements Assessment
£711,723
Total Assessment
£984,760
zoning
| Zoning Code | GC (Commercial) |
| GC (Commercial) |
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