"Newly renovated in 2016. This upper midscale brand does very well. First year with new brand. 12 month TTM 515k. Hotel went from a independent economy brand to upper midscale. ADR is over 77. Next year on track for over 650k. Will stabilize at 750-800k. No PIP for new buyer. Only franchised hotel in town. Near major demand generators and national state park. Small quite town, low expenses, high profit.
Perfect for a regional hotel operator or a family operation, great cash flow. 1 hour south from Naperville, 1.5 Hours from Chicago.
Very private sale, will not release address until phone call, very confidential. Can deliver property fully staffed.