Independent Hotel in Springfield, IL - $5.8M - Prime Location, $1.8M Revenue
Executive Overview
Key Investment Highlights
- •Prime location with high visibility in Sangamon County
- •125 well-appointed, fully furnished rooms
- •Impressive annual room revenue of $1.8 million
- •Low overhead and operational expenses
- •Ideal investment for hands-on owner-operators
This independent hotel represents a strategic investment opportunity in a desirable market, featuring a robust revenue stream and significant potential for growth. Strategically positioned with high visibility, the property offers 125 meticulously maintained rooms that provide comfort and quality to guests. The current business model demonstrates strong financial performance, with low overhead expenses that create an attractive opportunity for potential owners seeking a profitable hospitality venture.
Currently managed by an absentee owner, this hotel presents a unique chance for an experienced hospitality professional or investment group to implement personalized management strategies. The property's established reputation, combined with its prime location and proven revenue generation, makes it an exceptional opportunity for those looking to enter or expand in the hospitality market with a turnkey operation.