217 Potomac Blvd | Mount Vernon, IL 62864
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- LoopNet Team
217 Potomac Blvd
Mount Vernon, IL 62864
Fairfield Inn & Suites Mount Vernon Rend Lake · Hospitality Property For Sale
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35,000 SF
INVESTMENT HIGHLIGHTS
- 70-room Fairfield Inn & Suites Mt. Vernon Rend Lake, IL offered at a fraction of replacement cost.
- Available unencumbered of debt or management.
- Adjacent to and directly visible from Interstate 57 and Interstate 64, with upwards of 61,000 vehicles passing the location daily.
- Leasehold interest offered for individual sale in the February 27th auction event
- Substantial operational upside in purchasing from lender, completing the PIP, and retaining the Fairfield Inn & Suites brand for a long-term license.
- Readily accessible via Interstate 64 to the St. Louis MSA, the 21st largest MSA in the United States.
PROPERTY FACTS
| Sale Condition | Auction Sale | Building Size | 35,000 SF |
| Type of Ownership | Fee Simple | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 2005/2011 |
| Property Subtype | Hotel | Parking Ratio | 1.83/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.41 AC | Parcel Number | 06-26-351-019 |
| Zoning | B-3 - Commercial (NEC) | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.41 AC |
| Building Size | 35,000 SF |
| No. Stories | 4 |
| Year Built/Renovated | 2005/2011 |
| Parking Ratio | 1.83/1,000 SF |
| Corridor | Interior |
| Zoning | B-3 - Commercial (NEC) |
| Parcel Number | 06-26-351-019 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
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