Comfort Inn & Suites Springfield I-55 3675 S 6th St 80 Room Hotel Springfield, IL 62703 $6,900,000 ($86,250/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.
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- Operating and Financials
PROPERTY FACTS
Price | $6,900,000 |
Price Per Room | $86,250 |
Sale Type | Investment |
Sale Condition | 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 | $99.00 | - |
Guest Room | 40 | $95.00 | - |
1 of 1
PROPERTY TAXES
Parcel Number | 22-15.0-153-017 | Improvements Assessment | $680,968 |
Land Assessment | $147,696 | Total Assessment | $828,664 |
ZONING
Zoning Code | B-1 (neighborhood shopping district) |