20 Room Hotel - Reduced - Now $250k

Woodford County, IL

20 Room Hotel - Reduced - Now $250k

Asking Price:$250,000

Cash Flow:N/A

Gross Revenue:N/A





20 Room Hotel - Reduced - Now $250k

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Business Description

2014 REVENUE was over $150,000. 2013 REVENUE was over $165,000. Wow...this place is a deal. Seller will finance with $130,000 down ! This 20 room motel is very busy and located just east of Peoria. It is full with no vacancies very often. New roof put on about a year ago. This place is in great condition. The real estate taxes are only $5800 a year. There are phones, fridges, and microwaves in all the rooms. The rooms at this motel are nice. They are clean and most all of them have been updated. Some rooms have fulls, some have two queens, and some just one queen. There is also an entire house that rents for about $80 a night. It has two bedrooms, kitchen, loft, and much more. Daily prices range from $47 to $60 a night. The weekly rates are up to $230. There is a two bedroom living quarters connected to the office. It has a bathroom and small kitchen in it, too. You will not find another place like this. No competition for 15 miles away. The customers are power plant workers, pipeline workers, construction workers, hunters, and lots of other people that come to visit the town. The owners have owned for 13 years and are moving out of state. Contact Jeff Highfill until 10 PM, seven days a week at 309-208-9414. Do not pass up this hot deal !

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Terry Monroe

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Terry Monroe

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