Hilton Garden Inn Mattoon
Market Price
100 Coles Centre Pkwy, Mattoon, IL 61938
105,096 sqft
Building Size
7.11 acres
Lot Area
Details:
Description:
SVN Chicago Commercial is pleased to offer the opportunity to acquire the Hilton Garden Inn – Mattoon, a 102-room, next-generation Hilton prototype hotel built in 2022. As the newest of just 11 hotels in the Mattoon market, this asset is the first of its kind to showcase Hilton Garden Inn’s updated concept design. The property operates with no expiration on the Hilton flag and has no Property Improvement Plan (PIP) due until 2032—offering long-term brand stability and reduced capital expenditure requirements.
This self-managed hotel boasts strong operational performance, consistently outperforming its competitive set. An assumable USDA-backed loan of $9 million at 7.25% is available, subject to lender approval.
Join the thriving commercial landscape of Mattoon, IL, a prime location for Hospitality/Full Service investors seeking a strategic advantage. Nestled near the vibrant downtown area, the property offers proximity to key attractions such as the Coles County Memorial Airport, Lake Land College, and the Lincoln Log Cabin State Historic Site. With a steady stream of visitors drawn to the area's bustling business and leisure offerings, Mattoon presents an enticing opportunity for commercial real estate investors looking to capitalize on the city's dynamic growth and potential.
Just east of I-57 & E Co Rd 750 N intersection.
Documents:
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Location
Gallery
