List Search

2200 S Court St
Grayville, IL 62844

$2,900,000 USD

Hotel For Sale  •  61,583 SF

Property Details

  • Property Type Hotel
  • Total Building Size 61,583 SF
  • Lot Size 3.17 AC
  • Building Class B
  • Year Built 1986
  • Zoning C
0 Transit Score
9 Walk Score

Highlights

60 Room, Interior Corridor Hotel with Direct Access to Interstate 64
Bar, Swimming Pool, and Restaurant are All Closed, Upside Opportunity for Experienced Hotelier
Located Midway between Louisville and St. Louis and 3 Miles from Indiana Border
Profitable Despite Hands-Off Ownership, Net Income in 2024 was $368,369.45 which is a Cap Rate of 12.7%
2025 Total Revenue: $731,691, 2024 Total Revenue: $895,216, 2022 Revenue: $1,249,534, 2021 Revenue: $1,110,291
Seller Financing May be Available to Qualified Buyer with 20% Down

Amenities

  • Fitness Center
  • Restaurant
  • On-Site Bar

Public Transportation

AirportDriveWalkDistance
Evansville Regional 46 min - 37.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Tim Takao 818-851-3314 Amber Hotel Company
Tim Takao 818-851-3314 Amber Hotel Company