23 Room Interstate Motel with Many Updates

Effingham, IL
Effingham County

70 Miles from St. Louis


Asking Price: Annual Revenue:
$499,000 Not Disclosed

Services: Hotel, Motel, Lodging


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RE: 23 Room Interstate Motel with Many Updates Broker: Jeff Highfill

Quick Facts

Asking Price: $499,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 81553887
Broker Reference #: ABB005-942

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Business Overview:

This is a fantastic Interstate motel. Yes...located right at an Interstate exit. It has had many updates. The roof is only 8 years old. There are new beds, furniture, flatscreens, big refrigerators, keyless entry locks, and some new AC & Heater units. All new painting!!! There are 23 rooms, 3 apartments, and the owner living quarters. The real estate taxes are low! There is a ton of parking including for big semi trucks. Yearly revenue averages about $150,000. There is almost 3 acres of land. You will love this place. Call Jeff today at 309-208-9414 until 10 PM. THIS IS A VERY HOT PRICE FOR THIS MOTEL.

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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