Lakeview Motel - Decatur
16 S Country Club Rd, Decatur, IL, 62521
$750,000
Price
25
Total Rooms
 
 
22122
Building SF
 
 
 
 

Investment Highlights
  • Asking price: $750,000
  • 25 rooms (2 currently used as living quarters*, easily converted back)
  • Across from Lake Decatur and the Devon Amphitheater (a major event and concert venue)
  • Strong location for lake visitors, concert traffic, and event business
  • Average revenues of ~$200k/year over the past 3 years
  • Room Size: ~350sqft
  • Owned for 16 years
  • Built: 1962; structurally strong with brick walls
  • New roof contracted and scheduled for completion December 2025
  • Includes owner/manager living quarters*
    FOR MORE DETAILS CONTACT
    Vijay Hira
    Associate
    (714) 312-3934
    vijay@tshoteladvisors.com
    02242534
    Copyright © CREOP, LLC. All Rights Reserved.