529 4TH
Springfield, IL 62701

$1,350,000

Great opportunity for a downtown hotel/motel ownership in a historic area. Has been a family owned business for several years. Estate is privately owned and has no franchise fees or rules to negotiate. It can be placed under a franchise with some due diligence and research. Great location within walking distance of many downtown restaurants/bars, adjacent to Loukinens on 4th, the Governor's Mansion, Hoogland Center,? and more developments will be upcoming near by. Property has 12 Kings, 28 Queens, and 40 Doubles (some of these rooms are suites). Ten additional rooms are being used as storage. Sprinkler systems are only in the interior parts of the building. Financials will be given to approved buyers. Call Yash Gajera for more details - 217-572-6722 - yg@thegroup.com