Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
3185 S DIRKSEN PKWY
SPRINGFIELD, IL 62703
Asking Price
$4.79M
Cap Rate
10.96%
Asset Type
Hotel Hospitality
Class
Class B
What's Special
All-Suite, Extended-Stay Value-Add Opportunity <p>Desirable All Suites, 4-Story Interior Corridor Box</p><p>• Excellent Comp Set & Submarket Statistics</p><p>• Comp Set T-12</p><p>• Occupancy 65%</p><p>• ADR $116.34</p><p>• RevPAR $75.64</p><p>• Let High RevPAR Market Help You Turn Hotel Around!</p><p>• Current Ownership Hands-Off</p><p>• Full Kitchen in Every Suite</p><p>• Recent Renovation, Minimal PIP </p><p></p><p><strong>Located off I-72 near I-72/I-55 Split</strong></p><p>• Less than 1 Mile from University of Illinois Springfield</p><p
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
1.67%
DSCR
0.28
Underwater
Cash-on-Cash
-14.23%
Monthly Payment
$23,723.044
Annual Cash Flow
$-204,676.525
