Quality Inn - 60 Keys | Grayville IL

Highlights:

• Turnkey Investment – 60 fully remodeled rooms, minimizing upfront renovation costs.
• Prime Location – Situated off I-64, ensuring high visibility and easy access for travelers.
• Expansive 5.46-Acre Lot – Plenty of space for potential expansion or additional revenue opportunities.
• Ample Parking – 147 parking spaces, including truck parking potential for added income.
• Multiple Income Streams – Features a fully functional bar (which can be leased out or operated), an 1,800 sq. ft. building rented for $450/month, and gaming slot machines generating $25,000 annually.
• Value-Add Potential – Opportunities for operational improvements, revenue optimization, and further development.

Description:

RI Marketplace Online Auction April 7-9, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2374/quality-inn-grayville?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_2374

Matthews REIS, in conjunction with RealINSIGHT Marketplace, are pleased to present for sale the Quality Inn in Grayville, IL. The Quality Inn Grayville is a 60-room, 2-story interior corridor hotel built in 1985. It sits on approximately 5.64 expansive acres of land and is situated off of I-64, just 3 miles away from the Indiana border, making it highly accessible for thousands of cross-state travelers. This property offers abundant parking for 147 vehicles, including space for trucks—presenting an opportunity for additional revenue. Amenities include an indoor swimming pool, a conference room, a communal breakfast area, and a fitness center. The fully operational bar can be leased out or managed by the owner for extra income. Additionally, an 1,800-square-foot building on-site is currently rented to a local business for $450 per month. The property also features gaming slot machines, generating an annual revenue of $25,000.

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