SOLD Commercial RE on CarProperty.com

StayBridge Suites in Peoria, Illinois - For Sale via Ten-X Auction

This ad is marked as Sold

Description:


https://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

Members profile:


Advertised by: Beau Mullenix (click here to see full profile)
Email: bmullenix@paramountlodging.com

Ad Details


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


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


Best Property Use This is an investment property
Construction Status: Existing Structures

For Sale at Auction


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


Type of Sale Real Estate Agency Sale

Website


Website https://www.ten-x.com/commercial/listing/300-w-romeo-b-garrett-ave-...

Location


Address 300 W Romeo B Garrett Ave
City Peoria
State IL
Postal Code 61605
Country USA

Call Me!


Phone 314-568-7098
Ad id: 67423961
Region:
Ad views: 380