Motel w/ Real Estate & Rental Property

Central IL Downstate, Illinois

Services - Hotels & Other Lodging | Retail - Restaurants

Asking Price $295,000 Inventory  
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

13 Unit Motel on 2 acres of ground directly off interstate exit and located along historic Route 66. Visible from the interstate. The motel has 13 units, all exterior corridor and includes 1 managers apartment with attached office. All units have been remodeled within the last 3 years. Roof is 7 years old. Rooms have 2 beds, refrigerator, microwave, digital cable, and Wi-Fi. Limited competition - nearest motel is 18 miles away. 3600 sq ft Restaurant & Bar building also included. The restaurant has a fully equipped kitchen, bar and dining area. It can be owner operated or rented out. Additional income from billboard lease. Great opportunity at a great price at a prime interstate location. Sales of around $80k to $90k per year from motel and rental income from restaurant.

Business For Sale By

Dan Sperry

217-529-9750

American Business Brokers / Sperry Associates

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