ADDRESS
Best Western Plus East Peoria - East Peoria, IL
300 Eastlight Ct, East Peoria, IL 61611, East Peoria, IL 61611
LISTING TYPE
Closed
Limited-Service
PRICE
Sold
PROPERTY ATTRIBUTES
- Status
- Closed
- City
- East Peoria
- State
- IL
- Zip
- 61611
- Type
- Limited-Service
- Keys
- 85
- Corridor (Interior/Exterior)
- Interior
- Stories
- 2
PROPERTY DESCRIPTION
PHC Hotel Advisors represented ownership on the disposition of the Best Western Plus East Peoria, an 85-key interior-corridor limited-service hotel positioned directly off I-74 at Exit 95 in the heart of the Peoria MSA. The property benefits from a diversified corporate, group, and transient demand base drawn from Caterpillar, OSF HealthCare, Bradley University, the Peoria Civic Center, and the region's expanding sports-tourism footprint at Eastside Centre and Louisville Slugger Sports Complex. Amenities include an indoor greenhouse pool, fitness center, complimentary hot breakfast, and meeting space - a full amenity package that supports rate premiums over the local limited-service comp set. The acquisition delivered the buyer a well-maintained, nationally-flagged asset in a durable Midwest drive-in market with meaningful upside under focused revenue management.
FEATURES
- 85-key, two-story interior-corridor limited-service hotel
- Best Western Plus brand - full amenity package
- I-74 Exit 95 interchange location in the Peoria MSA
- Indoor greenhouse pool, fitness center, meeting space, hot breakfast
- Diversified demand: Caterpillar HQ, OSF HealthCare, Bradley University, Peoria Civic Center
- Strong sports-tourism demand from Eastside Centre and Louisville Slugger Sports Complex
- Nationally-flagged asset in a proven Midwest drive-in market
- Listed & Sold by Alex Rizk
LOCATION