Holiday Inn Express & Suites Jacksonville | 2501 Holiday Dr
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Holiday Inn Express & Suites Jacksonville 2501 Holiday Dr
69 Room Hotel Jacksonville, IL 62650 For Sale
Investment Highlights
- Strong operational upside in transitioning the asset out of institutional ownership and third-party management.
- Conveniently located less than 45 minutes to Springfield, the state capitol city of Illinois, offering overflow lodging for events and activities in S
- Diverse set of local corporate demand includes the Passavant Area Hospital, Jacksonville School District, and Jacksonville Correction Facility
- Property is offered unencumbered by management and debt and at a significant discount to replacement cost.
- Educational demand fueled by Illinois College, one of the state’s oldest higher learning institutions, the Illinois School for the Deaf, and the Illin
- Deep historical roots, with connections to the Underground Railroad and prominent 19th-century figures, including Stephen Douglas and Ulysses S. Grant
Executive Summary
RI Marketplace Online Auction Jan 20-22, 2025
Register to bid on Marketplace:
https://rimarketplace.com/auction/2262/reit-sale-holiday-inn-express-suites-jacksonville-illinois?utm_source=costar
Alchemy Real Estate Advisors is pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in the 69-room Holiday Inn Express & Suites in Jacksonville, Illinois. The Property is offered for sale as part of an eight (8) property portfolio located across five (5) states in Illinois, Iowa, Kansas, Missouri and Oklahoma. All properties will be sold individually in the January 22nd Auction Event.
The 8 properties include:
Holiday Inn Express & Suites: Jacksonville, Illinois
Holiday Inn Express & Suites: Mattoon, Illinois
Holiday Inn Express & Suites: Dubuque, Iowa
Holiday Inn Express & Suites: Emporia, Kansas
Holiday Inn Express & Suites: Nevada, Missouri
Holiday Inn Express & Suites: Bethany (OKC MSA), Oklahoma
Holiday Inn Express & Suites: Chickasha (OKC MSA), Oklahoma
Hampton Inn: Chickasha (OKC MSA), Oklahoma
Property Tours
Property tours are available on Thursday, January 9th and Friday, January 10th by appointment only. Please reach out to Brent Clemens, bclemens@alchemyrea.com, to schedule.
Scott Bowers, Auctioneer
License: 040000273
Register to bid on Marketplace:
https://rimarketplace.com/auction/2262/reit-sale-holiday-inn-express-suites-jacksonville-illinois?utm_source=costar
Alchemy Real Estate Advisors is pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in the 69-room Holiday Inn Express & Suites in Jacksonville, Illinois. The Property is offered for sale as part of an eight (8) property portfolio located across five (5) states in Illinois, Iowa, Kansas, Missouri and Oklahoma. All properties will be sold individually in the January 22nd Auction Event.
The 8 properties include:
Holiday Inn Express & Suites: Jacksonville, Illinois
Holiday Inn Express & Suites: Mattoon, Illinois
Holiday Inn Express & Suites: Dubuque, Iowa
Holiday Inn Express & Suites: Emporia, Kansas
Holiday Inn Express & Suites: Nevada, Missouri
Holiday Inn Express & Suites: Bethany (OKC MSA), Oklahoma
Holiday Inn Express & Suites: Chickasha (OKC MSA), Oklahoma
Hampton Inn: Chickasha (OKC MSA), Oklahoma
Property Tours
Property tours are available on Thursday, January 9th and Friday, January 10th by appointment only. Please reach out to Brent Clemens, bclemens@alchemyrea.com, to schedule.
Scott Bowers, Auctioneer
License: 040000273
Property Facts
| Sale Type | Investment | Building Size | 50,043 SF |
| Sale Conditions | Auction Sale | No. Rooms | 69 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2007 |
| Building Class | C | Parking Ratio | 1.46/1,000 SF |
| Lot Size | 1.67 AC | Corridor | Interior |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.67 AC |
| Building Size | 50,043 SF |
| No. Rooms | 69 |
| No. Stories | 3 |
| Year Built | 2007 |
| Parking Ratio | 1.46/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 17 | $134.66 CAD | - |
| Guest Room | 52 | $109.15 CAD | - |
PROPERTY TAXES
| Parcel Number | 13-05-201-017 | Improvements Assessment | $1,141,120 CAD |
| Land Assessment | $174,944 CAD | Total Assessment | $1,316,064 CAD |
PROPERTY TAXES
Parcel Number
13-05-201-017
Land Assessment
$174,944 CAD
Improvements Assessment
$1,141,120 CAD
Total Assessment
$1,316,064 CAD
zoning
| Zoning Code | P (Public) |
| P (Public) |
Contacts
-
Brent Clemens -
Joseph Cuomo -
Bennett Webster -
Adam Montufar -
Alchemy Real Estate Advisors, LLC
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Holiday Inn Express & Suites Jacksonville | 2501 Holiday Dr
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