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100 Coles Centre Pkwy Mattoon, IL 61938

For Sale
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102-room Hilton Garden Inn built in 2022 for sale.

Property size:
105,096 SF

Property Features for 100 Coles Centre Pkwy

General Information

Size
105,096 SF

Building Details

Year built
2022

Source: Derek Gonsch Agent Derek Gonsch

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Hilton Garden Inn - Mattoon

The Hilton Garden Inn – Mattoon, a 102-room hotel built in 2022, is available for acquisition. This property showcases Hilton Garden Inn’s updated concept design and is the newest of 11 hotels in the Mattoon market. The hotel operates under the Hilton flag with no expiration and has no Property Improvement Plan due until 2032. The property is self-managed and demonstrates strong operational performance. An assumable USDA-backed loan of $9 million at 7.25% is available, subject to lender approval. The property is located near downtown Mattoon, with proximity to the Coles County Memorial Airport, Lake Land College, and the Lincoln Log Cabin State Historic Site. The property is located just east of the I-57 & E Co Rd 750 N intersection. The property size is 105,096 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hilton Garden Inn ... Hotel

Suggested Use

Restaurant Hotel & Motel Storage Facility Convenience Store Veterinary Clinic Parking Facility

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mattoon
County
Coles
State
Illinois
Longitude
-88.3091259
Latitude
39.4808931

FAQs

What type of property is this?
Hotel - 102-room Hilton Garden Inn built in 2022 for sale.
Where is this hotel located?
The property is located at 100 Coles Centre Pkwy Mattoon, IL.
What are key features of this property?
This property features: - Newest Hotel in the Market: Built in 2022, this 102-room Hilton Garden Inn is the newest of only 11 hotels in Mattoon.; - Updated Hilton Prototype: Showcases Hilton Garden Inn’s updated concept design.; - Strong Operational Performance: The self-managed hotel consistently outperforms its competitive set.
More about this property
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