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Quality Inn & Suites Peoria 4112 N Brandywine Dr

115 Room Hotel Peoria, IL 61614 For Sale

Investment Highlights

  • Built in 1988, 3 Stories; 108 Guest Rooms
  • Located conveniently off Interstate 74 (ADT count of 38,800 cars per day) & U.S. Route 150 (ADT count of 25,800 cars per day)
  • 1.5 hours from Champaign-Urbana and Springfield
  • Performance continue to improve: Room Revenue over $1.8M (2023), 52.6% Occ @ $82.49 ADR (2023), 2023 vs 2022 Year-End RevPAR is up 12% YOY
  • 45 minutes from Bloomington-Normal
  • 2.5 hours from Chicago and St Louis

Executive Summary

CBRE is pleased to be the exclusive agent in connection with the solicitation of offers to acquire the fee-simple interest in the 108-room Quality Inn & Suites located in Peoria, Illinois. The hotel is conveniently accessible off Interstate 74 & U.S. Route 150, which provides guests access to a diverse mix of attractions throughout the surrounding area. Generating additional demand, the Quality Inn & Suites is located directly across the highway from the Northwoods Mall, and just minutes away from the large attractions such as the Peoria Civic Center, Louisville Slugger Sports Complex, Peoria Riverfront Museum, Limelight Eventplex, Bradley University, Dozer Park, Caterpillar Visitors Center, and General Wayne A. Downing Peoria International Airport. Being centrally located in Peoria, the Quality Inn & Suites is the ideal choice for travelers looking to explore all that Peoria has to offer.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.24 AC
Building Size 47,298 SF
No. Rooms 115
No. Stories 2
Year Built/Renovated 1988/2009
Tenancy Single
Parking Ratio 2.16/1,000 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 12 $133.00 -
Guest Room 103 $107.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14/29/101/010
  • 1429101009
Land Assessment
$212,720
Improvements Assessment
$866,360
Total Assessment
$1,079,080

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 32423774

  • Date on Market: 7/11/2024

  • Last Updated:

  • Address: 4112 N Brandywine Dr, Peoria, IL 61614

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