for sale

Motel 6/Studio 6

1412 W Fayette Ave | Effingham, IL 62401

Price:
$4,000,000
Number of Rooms:
104
Building Size:
20,965 SF
Lot Size:
4.73 AC
Year Built:
1975
Rennovation Completed:
2023
Hotel Type:
Limited Service

Investment Highlights

  • 104 units with 65 Motel 6 & 39 Studio 6
  • 2023 room revenue: $1,237,877
  • July 2024 TTM room revenue: $1,766,993
  • Effingham is located at the crossroads of Interstate 70 and Interstate 57
  • Available truck parking
  • Brand new Studio 6 suites to Gemini PIP Standard
  • Recent CapEX upgrades include partial new roof, parking lot sealant, exterior paint, new lobby counters, and exterior walkway repair

Property Description

The Bowman Post Group of NewGen Advisory is pleased to present for sale the Motel 6/Studio 6 – Effingham, IL. The property is well situated off a major exit with high visibility from two signs and consists of two stories with exterior walkways and a well-appointed lobby. With major recent capital expenditures including all new Studio 6 rooms and a thriving market positioned near well-traveled interstates, the Motel 6/Studio 6 – Effingham is an opportunity for a great hospitality investment.

Location Description

Effingham is a vibrant commercial hub with a strong economy and a welcoming atmosphere. Just minutes away from major interstates, the area is perfect for travelers visiting popular nearby attractions such as Lake Sara, TREC Calico Trail, and the Effingham Performance Center. Hospitality and economy investors will be attracted to the steady flow of visitors, making the property an ideal investment opportunity.

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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum. 

Andrew Post
Designated Broker
IL #471021750
(805) 557-8857
apost@newgenadv.com

Ben Rohlfing
Associate
IL #475205657
(217) 343-0147
brohlfing@newgenadv.com

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