5100 Hickory Point Frontage RdDecatur, IL 62526

For Sale
$2,351,100

95-Key Hotel, Newly Renovated, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
92
This fee-simple 95-key Baymont Inn & Suites presents a compelling investment opportunity in Decatur, Illinois. Located at 5100 Hickory Point Frontage Rd, 62526, this two-story hotel enjoys a prime location in the business district, offering convenient access to major highways, shopping centers, and public transportation. Built in 1987 and extensively renovated between 2023 and 2024, the property boasts a new roof, ceilings, electrical work, and fresh paint throughout. The hotel benefits from a strong, repeated clientele base, ensuring consistent cash flow and high occupancy rates. A 24-hour restaurant is located nearby, providing additional convenience for guests. The property is zoned for business use and offers a wide variety of marketing options to attract guests. The surrounding area features significant employment opportunities, contributing to a robust workforce and consistent demand for lodging. The asking price is $2,351,100. This turnkey operation is ready for a new owner to capitalize on its established success and prime location.

Highlights

  • Fee-simple 95-key Baymont Inn & Suites in Decatur, IL, asking $2,351,100.
  • Located at 5100 Hickory Point Frontage Rd, 62526, in the business district with convenient highway access.
  • Two-story hotel built in 1987, extensively renovated in 2023-2024 (new roof, ceilings, electrical, paint).
  • Strong, repeat clientele ensures high occupancy and cash flow.
  • Zoned for business use with various marketing options and nearby 24-hour restaurant.

Property Details for 5100 Hickory Point Frontage Rd

Property type
Other hospitality properties, Hotels
Year Built/Renovated
1987/2023
Stories
2

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.9100123
Longitude
-88.9510948
5100 Hickory Point Frontage Rd, Decatur, Illinois

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5100 Hickory Point Frontage Rd
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