370 Room Decatur Convention Middle & Lodge in Decatur, Iowa For Sale


Decatur Conference Center & Hotel - Exterior
  Decatur Convention Middle & Lodge

CBRE Hotels;

CBRE is the unique agent in reference to the solicitation of provides to obtain the fee-simple pastime within the 370-room Decatur Convention Middle & Lodge situated in Decatur, IL.

The Decatur Convention Middle & Lodge is very easily located off US-36, simply east of Interstate 72, which supplies visitors a central base for gaining access to a various mixture of sights together with company, recreational and scientific call for turbines all over the realm. Producing further call for, the Decatur Convention Middle and Lodge is solely mins from a number of waterfront sights together with the Scovill Zoo, flora and fauna and conservation spaces, nature parks, and extra.

Funding Highlights

  • In-built 1972 as a Vacation Inn, Renovated in 2017
  • 4 Tale & 2 Tale Building; 370 Visitor Rooms (185 lately in carrier)
  • Alternative for expansion out there!
    • Lodge at 10.0% Occupancy @ $97.02 ADR = RevPAR of $9.69 (T12 June 2022)
    • Decatur Lodge Marketplace at 58.3% Occupancy @ $97.12 ADR = RevPAR of $57.02 (T12 June 2022)
  • Over 55,000 Sq. Ft of Assembly/Tournament Area
  • Positioned on +/- 29 Acres
  • Multifamily or different trade use conversion probabilities!

For inquiries talk over with right here.





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