Investment Overview

High-Quality Asset in Exceptional Condition: The Hampton Inn Chicago Elgin I/90 is an upper-midscale Hotel featuring 107 spacious guest rooms and several amenities such as an indoor pool, business center, and fitness center. Guest rooms include a coffee maker, mini-refrigerator, and flat-screen television. Prime Location with Easy Access to Market Demand Generators: The Property is positioned off Interstate 90 and State Route 31, offering excellent visibility and accessibility to major demand generators in the vicinity. Business demand can be attributed to Judson University, Elgin Sports Complex, Grand Victoria Casino, Advocate Sherman Hospital, Motorola Solutions, and Communication Test Design. Gail Borden Public Library, Algonquin Commons, Arlington Park, Brookfield Zoo, Allstate Arena, and The Centre of Elgin bring leisure travelers to the area. Significant Top-Line Revenue and Operating Income: The Property achieved revenues above $2.39 million through twelve-month June 2022, and a healthy operating income of over $779 thousand or 32.6 percent of total revenue, after a 4 percent capital replacement reserve and 3 percent management fee. Impressive RevPAR Penetration: The upper-midscale Hotel has consistently outperformed the STR-defined competitive set, recording an average RevPAR Penetration Index of 112 percent through the twelve-month period ending June 2022. The Hampton Inn & Suites by Hilton Brand: With more than 2,500 Hampton Inn (& Suites) by Hilton properties in 29 Countries, the brand offers a hotel design experience that is unique from its competitors. Hampton by Hilton is a global category leader that remains simple to build and simple to operate. The Property greatly benefits from its Hilton Worldwide Brand Affiliation, which provides a powerful reservation system, and strong brand loyalty created by the popular Hilton HHonors program. Fee-Simple Interest: The Hotel presents an opportunity to acquire a well-branded, upper-midscale asset as fee-simple.