StayBridge Suites in Peoria, Illinois - For Sale via Ten-X Auction
This ad is marked as Sold
Description: |
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| www.ten-x.com/commercial/listing/300-w-romeo-b-garrett-ave-peoria-il-61605/1000014861/ Reserve Has Been Met: Current Bid is: $5,350,000 and Current Purchase Price: $5,470,375 ONLINE AUCTION Aug 9 - Aug 11, 2021 PROPERTY INFORMATION Asset Type: Property Primary Property Type: Hotel Rooms: 105 Year Built: 2000 Lot Size (Acres): 2.17 Parking Count: 100 Floors: 3 Buildings: 1 Property tours by appointment only on July 15th, 16th and July 27th, 28th. Please contact listing broker to schedule: Beau Mullenix at 314-568-7098 or email bmullenix@paramountlodging.com Fee simple interest in the receiver controlled and managed 105-room, Staybridge Suites Peoria offered at a substantial discount to replacement cost Ability to retain the IHG Staybridge Suites flag for a new long-term license upon completion of the PIP |
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Members profile: |
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| Advertised by: | Beau Mullenix (click here to see full profile) |
| Email: | Email Advertiser |
Ad Details |
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| Parking Spaces Outside | 100 |
| Property is | Sold |
| Auto Use Allowed | No |
| Garage Spaces (put 0 if this does not apply) | 0.00 |
| Price Info | Reserve Has Been Met: Current Bid is: $5,350,000 and Current Purchase Price: $5,470,375 |
| Price: | $1,500,000 USD |
Buildings & Land |
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| Property Name | StayBridge Suites |
| Property Types | Retail |
| Land Types | Retail |
| Lot/Parcel Size | 2.17 Acres |
| Year Built: | 2000 |
| Other Units or Spaces: | - 105 rooms - 3 floors - Pool Property tours by appointment only on July 15th, 16th and July 27th, 28th. Please contact listing broker to schedule: Beau Mullenix at 314-568-7098 or email bmullenix@paramountlodging.com |
Use & Status |
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| Best Property Use | This is an investment property |
| Construction Status: | Existing Structures |
For Sale at Auction |
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| Auction Sale? | Yes |
| Type of Auction | Retail Auction (not Foreclosed Properties), Minimum Bid Amount Required |
| Location | Online Auction |
| Name of Auction | STAYBRIDGE SUITES PEORIA on Ten-X |
| Auction Website | https://www.ten-x.com/commercial/listing/300-w-romeo-b-garrett-ave-... |
Unique Sale Issues |
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| Type of Sale | Real Estate Agency Sale |
Website |
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| Website | https://www.ten-x.com/commercial/listing/300-w-romeo-b-garrett-ave-... |
Location |
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| Address | 300 W Romeo B Garrett Ave |
| City | Peoria |
| State | IL |
| Postal Code | 61605 |
| Country | USA |
Call Me! |
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| Phone | Sign in to see details |
| Ad id: | 67423961 |
| Region: | |
| Ad views: | 954 |