Hotels for Sale

AMERICINN MOLINE, IL

Address:
Moline, Illinois
Description:

UNDER CONTRACT

  • Fee simple interest in the 61-room former Fairfield Inn Moline available at a fraction of replacement cost
  • Property offered for individual sale through Ten-X as part of a larger portfolio sale on August 22nd
  • Available unencumbered of debt and third-party management with scheduled rebranding to AmericInn by Wyndham in late July 2018
  • Seller has pre-negotiated franchise terms with Wyndham including the buyer option for reduced royalty fees or key money payment
  • Financing available with upwards of 80% 'Loan to Cost' (LTC) for qualified bidders
  • Minimal AmericInn by Wyndham change of ownership PIP expected upon transfer of franchise and sale of asset
  • Situated adjacent to Interstate 74 with direct visibility and easy accessibility to the upwards of 38,000 cars passing the location daily
  • Optimal location in the heart of the Quad Cities and ideally situated within five miles of the area's largest employers including John Deere Headquarters, and Rock Island Arsenal
  • Proximate to all broader regional demand including the Quad Cities Waterfront Convention Center, TaxSlayer Center, the three area casinos including Isle Casino, and the Quad City International Airport

Listing Agents

Adam Montufar
T: 515.446.4181
Email

Lindsey White
T | 312.319.5656
Email

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