University Inn of Carbondale | 2400 W Main St
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University Inn of Carbondale 2400 W Main St
128 Room Hotel Carbondale, IL 62901 £2,343,438 (£18,308/Room)
Investment Highlights
- 3.9 Miles to Southern Illinois University
- Opportunity for food and beverage onsite (restaurant/Bar)
- 2022 Revenue: $531,390
- Historic Hotel brought back to life
- Priced at $23,582/key
- 2023 Revenue: $494,091
Executive Summary
The Bowman Post Group of NewGen Advisory is pleased to present for sale the Carbondale Illinois University Inn. The property is conveniently located just 2 miles from Southern Illinois University and includes 57 fully operational rooms, with an additional 70 rooms primed for renovation into extended-stay accommodations. The hotel also boasts an 8,000 square foot restaurant and bar space available for lease, along with 1,000 square feet of meeting space and extra land for future development.
Its strategic position adjacent to the busy Highway 51, 2 miles from SIH Memorial Hospital, and 13 miles from the new MWA Airport with direct flights to Chicago, enhances its appeal, especially considering the nearby Amtrak station. Furthermore, the hotel operates independently without any brand affiliation, providing a unique opportunity for potential buyers.
Broker of Record: NEWGEN ADVISORY IL, LLC | Andrew Post | IL Lic. No. 471021750
For more information, please click here: https://airtable.com/appKi7yOZ4kk2VGe7/pagxcOePtaDcHXpXQ/form
Its strategic position adjacent to the busy Highway 51, 2 miles from SIH Memorial Hospital, and 13 miles from the new MWA Airport with direct flights to Chicago, enhances its appeal, especially considering the nearby Amtrak station. Furthermore, the hotel operates independently without any brand affiliation, providing a unique opportunity for potential buyers.
Broker of Record: NEWGEN ADVISORY IL, LLC | Andrew Post | IL Lic. No. 471021750
For more information, please click here: https://airtable.com/appKi7yOZ4kk2VGe7/pagxcOePtaDcHXpXQ/form
Property Facts
| Price | £2,343,438 | Building Size | 67,000 SF |
| Price Per Room | £18,308 | No. Rooms | 128 |
| Sale Type | Investment | Number of Floors | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1970/2023 |
| Property Subtype | Hotel | Parking Ratio | 1.79/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 6.25 AC |
| Price | £2,343,438 |
| Price Per Room | £18,308 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 6.25 AC |
| Building Size | 67,000 SF |
| No. Rooms | 128 |
| Number of Floors | 2 |
| Year Built/Renovated | 1970/2023 |
| Parking Ratio | 1.79/1,000 SF |
| Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 128 | £57.12 | - |
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PROPERTY TAXES
| Parcel Number | 15-18-477-005 | Improvements Assessment | £109,675 |
| Land Assessment | £33,907 | Total Assessment | £143,583 |
PROPERTY TAXES
Parcel Number
15-18-477-005
Land Assessment
£33,907
Improvements Assessment
£109,675
Total Assessment
£143,583
zoning
| Zoning Code | C (Commercial) |
| C (Commercial) |
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University Inn of Carbondale | 2400 W Main St
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