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Super 8 by Wyndham Macomb 313 W University Dr

41 Room Hotel Macomb, IL 61455 £1,253,280 (£30,568/Room)

Investment Highlights

  • 40 Room, 2 Story, Interior Corridor Hotel
  • Nearby to Western Illinois University, Argyle Lake State Park, and Several Other Leisure, Retail, Manufacturing and Healthcare Demand Generators
  • Located 90 Minutes from Peoria and Springfield, IL, and 3 Hours from Chicago, Direct Access to Highway 67
  • Perfect for Owner-Operator, with 3 Bedroom Manager's Apartment
  • 2 Additional Spaces Available to Lease Next to Lobby, Previously a Tanning & Nail Salon
  • Motivated Seller - Offers Encouraged

Executive Summary

This is a 40-unit, two-story interior corridor hotel located in McDonough County, Macomb, Illinois. Centrally located between Peoria and Springfield, and just a few miles from Western Illinois University and NTN Bower Company, the hotel offers comfortable accommodations with convenient amenities for all travelers.
Macomb is a growing destination, recognized as one of the must-visit cities in Illinois. With diverse attractions such as the university, state parks, Journey Comics, and the National Scenic Byway, there are a number of demand generators despite the smaller market size. The hotel is also conveniently located near several major corporations that offer year-round job opportunities.
The hotel is located just off IL-67 Freeway, and is a perfect opportunity for an owner-operator with a 3 bedroom manager's apartment.

Property Facts

Price £1,253,280
Price Per Room £30,568
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.35 AC
Building Size 13,800 SF
No. Rooms 41
Number of Floors 2
Year Built 1990
Parking Ratio 2.03/1,000 SF
Corridor Interior

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 1 £78.33 -
Guest Room 40 £58.75 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-100-001-15
Land Assessment
£18,624
Improvements Assessment
£182,067
Total Assessment
£200,691

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 33758395

  • Date on Market: 05/11/2024

  • Last Updated:

  • Address: 313 W University Dr, Macomb, IL 61455

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