1908 N Lincoln Ave | Urbana, IL 61801
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1908 N Lincoln Ave
Urbana, IL 61801
Howard Johnson by Wyndham Urbana · Hospitality Property For Sale · 35,040 SF
Investment Highlights
- Absentee owned 3-story, 65-room, interior corridor hotel with elevator
- Significant recent renovations
- Excellent hip location near University of Illinois Champaign Urbana and top attractions in the area
- Tremendous upside potential with brand conversion
- Surging Room Revenues in 2022 and YTD 2023
- Rebranding Opportunity: EconoLodge franchise agreement ends December 2023. Available brands include Sleep Inn and AmericInn
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1995/2024 |
| Building Class | C | Parking Ratio | 1.14/1,000 SF |
| Lot Size | 0.93 AC | Corridor | Interior |
| Building Size | 35,040 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.93 AC |
| Building Size | 35,040 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1995/2024 |
| Parking Ratio | 1.14/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 91-21-05-301-011 | Improvements Assessment | $381,270 |
| Land Assessment | $89,320 | Total Assessment | $470,590 |
PROPERTY TAXES
Parcel Number
91-21-05-301-011
Land Assessment
$89,320
Improvements Assessment
$381,270
Total Assessment
$470,590
zoning
| Zoning Code | B-3 |
| B-3 |
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