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Holiday Inn Express & Suites Jacksonville 2501 Holiday Dr

69 Room Hotel Jacksonville, IL 62650 For Sale

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Investment Highlights

Strong operational upside in transitioning the asset out of institutional ownership and third-party management.
Conveniently located less than 45 minutes to Springfield, the state capitol city of Illinois, offering overflow lodging for events and activities in S
Diverse set of local corporate demand includes the Passavant Area Hospital, Jacksonville School District, and Jacksonville Correction Facility

Property is offered unencumbered by management and debt and at a significant discount to replacement cost.
Educational demand fueled by Illinois College, one of the state’s oldest higher learning institutions, the Illinois School for the Deaf, and the Illin
Deep historical roots, with connections to the Underground Railroad and prominent 19th-century figures, including Stephen Douglas and Ulysses S. Grant

Executive Summary

RI Marketplace Online Auction Jan 20-22, 2025
Register to bid on Marketplace:
https://rimarketplace.com/auction/2262/reit-sale-holiday-inn-express-suites-jacksonville-illinois?utm_source=costar
Alchemy Real Estate Advisors is pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in the 69-room Holiday Inn Express & Suites in Jacksonville, Illinois. The Property is offered for sale as part of an eight (8) property portfolio located across five (5) states in Illinois, Iowa, Kansas, Missouri and Oklahoma. All properties will be sold individually in the January 22nd Auction Event.
The 8 properties include:
Holiday Inn Express & Suites: Jacksonville, Illinois
Holiday Inn Express & Suites: Mattoon, Illinois
Holiday Inn Express & Suites: Dubuque, Iowa
Holiday Inn Express & Suites: Emporia, Kansas
Holiday Inn Express & Suites: Nevada, Missouri
Holiday Inn Express & Suites: Bethany (OKC MSA), Oklahoma
Holiday Inn Express & Suites: Chickasha (OKC MSA), Oklahoma
Hampton Inn: Chickasha (OKC MSA), Oklahoma
Property Tours
Property tours are available on Thursday, January 9th and Friday, January 10th by appointment only. Please reach out to Brent Clemens, bclemens@alchemyrea.com, to schedule.
Scott Bowers, Auctioneer
License: 040000273

Property Facts

Sale Type	Investment	Building Size	50,043 SF
Sale Conditions	Auction Sale	No. Rooms	69
Property Type	Hospitality	Number of Floors	3
Property Subtype	Hotel	Year Built	2007
Building Class	C	Parking Ratio	1.46/1,000 SF
Lot Size	1.67 AC	Corridor	Interior

Sale Type	Investment
Sale Conditions	Auction Sale
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	1.67 AC
Building Size	50,043 SF
No. Rooms	69
Number of Floors	3
Year Built	2007
Parking Ratio	1.46/1,000 SF
Corridor	Interior