Hotel-Motel
Proposed Holiday Inn Express and Candlewood Suites Bloomington (Land Development Site)
2102 Valley View Dr, Bloomington, IL 61705
Listing Price: $1,600,000
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 140-room dual-brand Holiday Inn Express and Candlewood Suites located in Bloomington, Illinois. The hotel is anticipated to be a four-story property located just off the junction of Interstates 55 and 74. Holiday Inn Express/Candlewood Suites Bloomington will provide the opportunity for a new owner to acquire the rights to build a brand new select-service dual-brand IHG hotel in a growing market with potential to realize significant RevPAR growth through hands-on management and utilization of the IHG name, reservation system, and loyal base of guests.
Proposed Holiday Inn Express and Candlewood Suites Bloomington (Land Development Site)
Investment Highlights
- Proposed Dual-Brand Holiday Inn Express and Candlewood Suites
- Bloomington, Illinois is a Growing Market
- Property is Located Just off the Junction of Interstates 55 and 74
- Proximate to State Farm Insurance Headquarters, Illinois State University, Illinois Wesleyan University, Rivian Automotive Manufacturing, The Den at Fox Creek Golf Course, Grossinger Motors Arena, and More
Hotel-Motel
Proposed Holiday Inn Express and Candlewood Suites Bloomington (Land Development Site)
Listing Price: $1,600,000
Investment Highlights
- Proposed Dual-Brand Holiday Inn Express and Candlewood Suites
- Bloomington, Illinois is a Growing Market
- Property is Located Just off the Junction of Interstates 55 and 74
- Proximate to State Farm Insurance Headquarters, Illinois State University, Illinois Wesleyan University, Rivian Automotive Manufacturing, The Den at Fox Creek Golf Course, Grossinger Motors Arena, and More
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 140-room dual-brand Holiday Inn Express and Candlewood Suites located in Bloomington, Illinois. The hotel is anticipated to be a four-story property located just off the junction of Interstates 55 and 74. Holiday Inn Express/Candlewood Suites Bloomington will provide the opportunity for a new owner to acquire the rights to build a brand new select-service dual-brand IHG hotel in a growing market with potential to realize significant RevPAR growth through hands-on management and utilization of the IHG name, reservation system, and loyal base of guests.
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