Comfort Inn & Suites Springfield I-55 | 3675 S 6th St
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Comfort Inn & Suites Springfield I-55 3675 S 6th St
80 Room Hotel Springfield, IL 62703 $9,745,106 CAD ($121,814 CAD/Room)
Investment Highlights
- Offers a heated indoor pool.
Executive Summary
The Comfort Inn & Suites Springfield I-55 presents a compelling investment opportunity in a thriving market. Strategically located off Interstate 55, this hotel offers convenient access to Springfield's business district, government offices, and popular attractions.
With a proven track record of guest satisfaction and a strong reputation within the Choice Hotel brand, this property boasts a loyal customer base and consistent occupancy rates. The hotel's modern amenities, including a heated indoor pool, fitness center, and complimentary hot breakfast, cater to both business and leisure travelers.
Benefits from a growing economy, upcoming development projects, and proximity to major events. A new development of eight multipurpose outdoor, lighted, turf fields, and a 190,000 square-foot indoor sports dome, the sports mega-plex will offer something for everyone with a planned opening in 2025. The hotel's consistent occupancy rates and robust revenue streams provide a stable income stream for investors. Potential to increase revenue through strategic rate adjustments, enhanced marketing efforts, and operational improvements.
As the state capital of Illinois, Springfield offers a stable and growing economy, driving demand for quality accommodations. The Comfort Inn & Suites Springfield I-55 is well-positioned to capitalize on this market potential and generate substantial returns on investment.
With a proven track record of guest satisfaction and a strong reputation within the Choice Hotel brand, this property boasts a loyal customer base and consistent occupancy rates. The hotel's modern amenities, including a heated indoor pool, fitness center, and complimentary hot breakfast, cater to both business and leisure travelers.
Benefits from a growing economy, upcoming development projects, and proximity to major events. A new development of eight multipurpose outdoor, lighted, turf fields, and a 190,000 square-foot indoor sports dome, the sports mega-plex will offer something for everyone with a planned opening in 2025. The hotel's consistent occupancy rates and robust revenue streams provide a stable income stream for investors. Potential to increase revenue through strategic rate adjustments, enhanced marketing efforts, and operational improvements.
As the state capital of Illinois, Springfield offers a stable and growing economy, driving demand for quality accommodations. The Comfort Inn & Suites Springfield I-55 is well-positioned to capitalize on this market potential and generate substantial returns on investment.
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Price | $9,745,106 CAD | Lot Size | 3.27 AC |
| Price Per Room | $121,814 CAD | Building Size | 48,325 SF |
| Sale Type | Investment | No. Rooms | 80 |
| Sale Conditions | Business Value Included | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1987/2014 |
| Property Subtype | Hotel | Parking Ratio | 2.71/1,000 SF |
| Building Class | C | Corridor | Interior |
| Price | $9,745,106 CAD |
| Price Per Room | $121,814 CAD |
| Sale Type | Investment |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.27 AC |
| Building Size | 48,325 SF |
| No. Rooms | 80 |
| No. Stories | 3 |
| Year Built/Renovated | 1987/2014 |
| Parking Ratio | 2.71/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 40 | $140.33 CAD | - |
| Guest Room | 40 | $134.66 CAD | - |
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PROPERTY TAXES
| Parcel Number | 22-15.0-153-017 | Improvements Assessment | $956,542 CAD |
| Land Assessment | $207,466 CAD | Total Assessment | $1,164,008 CAD |
PROPERTY TAXES
Parcel Number
22-15.0-153-017
Land Assessment
$207,466 CAD
Improvements Assessment
$956,542 CAD
Total Assessment
$1,164,008 CAD
zoning
| Zoning Code | B-1 (neighborhood shopping district) |
| B-1 (neighborhood shopping district) |
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Comfort Inn & Suites Springfield I-55 | 3675 S 6th St
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