Marketplace
NDA required
Best Western Plus Chicagoland-Countryside
Countryside, IllinoisSelect-service hotelAccess requests reviewed weekly
- Price guidance
- $15.7M guidance
- Keys
- 106
- TTM revenue
- $4.0M
- NOI
- $1.3M
- Occupancy
- 73%
- ADR
- $129
- RevPAR
- $94
- Cap rate
- 8.5%
Public summary
106-key Best Western Plus hotel in Countryside, IL, renovated in 2020. Upper-midscale select-service asset with branded distribution and Countryside, Illinois demand drivers.
- Best Western Plus flag with national reservation distribution
- Upper-midscale select-service operating model in the Countryside market
- 106 keys with in-place cash flow and brand-standard condition
Seller
Hotel owner, developer, and operator headquartered in Iowa, with properties across Hilton, Marriott, IHG, Choice, and other brand families in markets nationwide.
- Company
- Hawkeye Hotels
- Headquarters
- Coralville, Iowa
- Deal room
- Seller approval required
- Process
- Offers accepted online
Asset and market overview
Location
Countryside, Illinois draws corporate, leisure, and event demand that supports the Best Western Plus flag.
Asset
Select-service hotel operating under the Best Western Plus brand, offered as an individual asset.
Upside
- Revenue management optimization
- Expense benchmarking against comp set
- Negotiated corporate account growth
Property facts
- Year built
- —
- Last renovated
- 2020
- Brand class
- Upper-midscale select-service
- Brand family
- Best Western
- Keys
- 106
- Address
- Countryside, Illinois — full address shared with approved buyers