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Hotel-Motel

Spark Moline

2705 48th Ave, Moline, IL 61265

Listing Price: $4,950,000

Cap Rate
8.09%
Number of Rooms
61
RevPAR
$64
Price/Room
$81,148
RRM
3.50
Year Built
1994

Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire the Spark by Hilton Moline Quad Cities, a newly rebranded limited-service hotel strategically positioned in the heart of Moline, Illinois. Situated along the Mississippi River, this 61-room property benefits from proximity to major demand generators including the Vibrant Arena at The MARK, John Deere Pavilion, and the TaxSlayer Center, drawing consistent year-round business and leisure traffic. The hotel is just minutes from I-74 and within close reach of downtown Moline and the Quad Cities International Airport, offering strong accessibility for transient and group guests alike.
The property recently completed a renovation and rebranding to Spark by Hilton, Hilton’s newest premium economy brand designed for smart, value-driven travelers. The property represents a classic operational turnaround opportunity. With limited day-to-day ownership involvement currently, an incoming investor can drive performance through hands-on engagement and targeted expense management. Additionally, with the property already meeting Spark by Hilton’s latest brand standard, and benefiting from its prime leisure location, a focused hands on ownership approach can unlock immediate value and long-term performance improvements.

Investment Highlights

  • Attractive Pricing – Offered at a 3.5x projected room revenue multiplier, presenting excellent value relative to income potential.
  • 61-Room Spark by Hilton recently rebranded and fully compliant with Hilton's latest PIP, offering turnkey condition and immediate brand recognition in the premium economy segment.
  • Significant upside potential through hands-on management and strategic expense reduction
  • Prime Moline Location near I-74, the Mississippi River, and key demand drivers including Vibrant Arena, TaxSlayer Center, and John Deere Pavilion.
  • Interstate Visibility – Prime location off I-90 ensures strong highway exposure and accessibility for transient guests.
  • Franchise Strength – Backed by Hilton, one of the world's most recognized and trusted economy brands.

Exclusively Listed By

  • Jon Ruzicka

    Managing Director Investments

    (952) 852-9767

    Email Jon

    License(s): MN: 40583288, IA: B63379000, ND: 10032, WI: 76173-94, SD: 17724, NE: 20200223

    Minneapolis

  • Joseph Ferguson

    Director Investments

    (952) 852-9769

    Email Joseph

    License(s): MN: 40737246

    Minneapolis

  • Reed Gizinski

    Associate Investments

    (952) 852-9731

    Email Reed

    License(s): MN: 40892986

    Minneapolis

  • Raj H. Patel

    Associate Investments

    (262) 364-1939

    Email Raj

    License(s): WI: 97347-94, IL: 475212903

    Milwaukee

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Hotel-Motel

Spark Moline

Listing Price: $4,950,000

Cap Rate
8.09%
Number of Rooms
61
RevPAR
$64
Price/Room
$81,148
RRM
3.50
Year Built
1994

Investment Highlights

  • Attractive Pricing – Offered at a 3.5x projected room revenue multiplier, presenting excellent value relative to income potential.
  • 61-Room Spark by Hilton recently rebranded and fully compliant with Hilton's latest PIP, offering turnkey condition and immediate brand recognition in the premium economy segment.
  • Significant upside potential through hands-on management and strategic expense reduction
  • Prime Moline Location near I-74, the Mississippi River, and key demand drivers including Vibrant Arena, TaxSlayer Center, and John Deere Pavilion.
  • Interstate Visibility – Prime location off I-90 ensures strong highway exposure and accessibility for transient guests.
  • Franchise Strength – Backed by Hilton, one of the world's most recognized and trusted economy brands.

Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire the Spark by Hilton Moline Quad Cities, a newly rebranded limited-service hotel strategically positioned in the heart of Moline, Illinois. Situated along the Mississippi River, this 61-room property benefits from proximity to major demand generators including the Vibrant Arena at The MARK, John Deere Pavilion, and the TaxSlayer Center, drawing consistent year-round business and leisure traffic. The hotel is just minutes from I-74 and within close reach of downtown Moline and the Quad Cities International Airport, offering strong accessibility for transient and group guests alike. The property recently completed a renovation and rebranding to Spark by Hilton, Hilton’s newest premium economy brand designed for smart, value-driven travelers. The property represents a classic operational turnaround opportunity. With limited day-to-day ownership involvement currently, an incoming investor can drive performance through hands-on engagement and targeted expense management. Additionally, with the property already meeting Spark by Hilton’s latest brand standard, and benefiting from its prime leisure location, a focused hands on ownership approach can unlock immediate value and long-term performance improvements.

Exclusively Listed By

  • Jon Ruzicka

    Managing Director Investments

    (952) 852-9767

    Email Jon

    License(s): MN: 40583288, IA: B63379000, ND: 10032, WI: 76173-94, SD: 17724, NE: 20200223

    Minneapolis

  • Joseph Ferguson

    Director Investments

    (952) 852-9769

    Email Joseph

    License(s): MN: 40737246

    Minneapolis

  • Reed Gizinski

    Associate Investments

    (952) 852-9731

    Email Reed

    License(s): MN: 40892986

    Minneapolis

  • Raj H. Patel

    Associate Investments

    (262) 364-1939

    Email Raj

    License(s): WI: 97347-94, IL: 475212903

    Milwaukee

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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