Hotels for Sale

Baymont Inn & Suites Jacksonville, IL

Address:
Jacksonville, Illinois
Description:

UNDER CONTRACT

  • Fee simple interest in the 62-room Baymont Inn & Suites Jacksonville, IL offered at a substantial discount to replacement cost
  • Minimal change of ownership PIP expected of a new buyer with more than $490,000 ($8k per key) in recently completed capital improvements
  • More than $1.0MM of in place room revenue
  • Liquor and gaming license expected to generate an additional $30,000 annually
  • Adjacent to Interstate-72 with upwards of 15,000 vehicles passing the location daily
  • Optimal location in the heart of Jacksonville IL, the most populous city in the county and proximate to the city’s Top-Ten Largest Employers
  • Proximate to all regional demand including Eli Bridge Company, Illinois College, Passavant Area Hospital, and Nestle Beverage Co

Listing Agents

Mike Schlictman
T | 803.920.4173
Email Agent

Daniel Jackson
T: 312.937.3669
Email

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