American Inn Motel Portefeuille à vendre 3 biens 596 206 € Danville, IL

MoHall Commercial & Urban Development presents the exclusive opportunity to acquire the American Inn Motel, a strategically positioned, income-producing hospitality asset located at 1824 E Main Street in Danville, Illinois. This rare offering includes a 33-room motel, an on-site three-bedroom apartment, and two adjacent vacant land parcels, all totaling approximately 0.92 acres in a designated TIF (Tax Increment Financing) District—making it a compelling value-add play for both short-term yield and long-term development.
This value-add property sits on three parcels zoned B1 Neighborhood Business, offering investors flexibility to operate as-is or explore multiple exit strategies including expansion, rebranding, or mixed-use redevelopment. Recent capital improvements—including a brand-new roof with transferable warranty—provide a solid foundation for continued performance.
Strategically located on East Main Street (U.S. Route 136), just minutes from Interstate 74, the American Inn Motel is well-positioned to capture traffic from Danville’s strongest economic anchors. The property is located near the VA Illiana Health Care System, a major regional employer and destination for veterans and medical staff; Danville Area Community College (DACC), which draws student, athletic, and academic lodging needs; and the newly opened Golden Nugget Danville Casino, a $100M development that is expected to accelerate tourism, job creation, and regional visitation.
The motel reported $249,320 in gross income in 2023, up from $199,793 in 2022—a 25% year-over-year increase. With room rates ranging from $65–$85/night, consistent occupancy from transient, extended-stay, and workforce guests, and the added benefit of on-site owner’s quarters, this asset is well-positioned for investors seeking steady in-place income with room to grow. Future ownership can unlock significant upside through OTA integration (Expedia, Booking.com), operational efficiencies, light room renovations, or leveraging the TIF District incentives for redevelopment or repositioning.
Highlights:
Minutes from I-74, VA Medical Campus, DACC, and Golden Nugget Casino
Ideal for owner-operators, hotel investors, 1031 exchange buyers, and developers
Strong land-to-improvement ratio with stable operational base
Located near the Illinois–Indiana border, Danville is a gateway city with a population of ~28,000 and a metro reach of 70,000+. The city benefits from a diversified economic base driven by healthcare, higher education, manufacturing, logistics, and government. Major employers include Carle Health, AutoZone Distribution, Watchfire Signs, and Viscofan. The new Golden Nugget Casino, recently opened in 2023, is expected to attract thousands of monthly visitors, significantly enhancing local demand for lodging, food service, and entertainment. As a regional hub with an emerging tourism base, Danville presents a strategic, underserved market with upward momentum.