Flagged Hotel In La Salle County For Sale

Description

Flagged hotel for sale with 70 guest rooms and reported annual room revenue of approximately $1.8 million.

The property serves interstate travelers and is currently positioned for continued hotel operation under the existing flag, subject to franchisor approval and transfer requirements.

Property and operating details

• 70 guest rooms
• Annual room revenue: approximately $1.8 million
• Interstate-oriented location
• Low overhead reported by the seller
• No current PIP required, according to the seller

The size of the property may suit an owner-operator who intends to take a more active role in daily management.

The seller reports strong cash flow and steady demand from interstate traffic.

Potential areas for improvement include revenue management, room-rate strategy, local marketing and additional guest services.

Buyers should independently confirm that no Property Improvement Plan is currently required and review whether any future PIP, brand-standard work or deferred maintenance may apply after transfer.

Buyers should also verify historical financials, occupancy, ADR, RevPAR, franchise fees, payroll, utilities, property taxes, insurance, staffing, deferred maintenance, franchise transfer requirements and the condition of the real estate during due diligence.