This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Baymont by Wyndham Decatur 5100 Hickory Point Frontage Rd

95 Room Hotel Decatur, IL 62526 £1,919,868 (£20,209/Room) 12.48% Net Initial Yield

Investment Highlights

  • Huge Parking lot, Truck and RV Parking available, New roof, many room updated with ceilings and new manager's apartment, Updated Electric Work.

Executive Summary

New Roof, Updated new electric work for the building, many and most rooms has new ceilings, newly painted, new manager's apartments, new laundry system and 2 laundry rooms are updated, updated most guest rooms and breakfast area. Convenient location, Near Business district and Highways, easy access.
Nearby public transportation and major street, near shopping area and Mall, 24 hours fast food restaurant near by.
Corporate clientele accounts to work with major marketing plans and extended stay program....Major Work force market area with major employment sources surroundings area nearby.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,919,868
Price Per Room £20,209
Sale Type Investment
Net Initial Yield 12.48%
Sale Conditions 1031 Exchange
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 3.44 AC
Building Size 24,425 SF
No. Rooms 95
Number of Floors 2
Year Built/Renovated 1984/2023
Parking Ratio 6.14/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Wheelchair Accessible
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wi-Fi
  • Smoke-Free
  • Multi-Room Suites
  • Digital key
  • Smoke Detector

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 5 £185.64 -
Guest Room 90 £65.01 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-07-23-301-023
Land Assessment
£105,758 (2023)
Improvements Assessment
£340,660 (2023)
Total Assessment
£446,418 (2023)

zoning

Zoning Code B2 (Commercial District, Near highway, shopping and restaurants, Business district, convenient location for daily use amenities and needs.)
B2 (Commercial District, Near highway, shopping and restaurants, Business district, convenient location for daily use amenities and needs.)
  • Listing ID: 30885169

  • Date on Market: 06/02/2024

  • Last Updated:

  • Address: 5100 Hickory Point Frontage Rd, Decatur, IL 62526

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}