Sonesta Select Hotel Arlington Heights, IL For Sale

1 minute read CBRE Hotels

Sonesta Select Hotel Arlington Heights - Exterior
Sonesta Select hotel Arlington Heights, IL For Sale

CBRE Hotels;

CBRE is the unique representative in connection with the solicitation of deals to obtain the fee-simple interest in the152- space Sonesta Select hotel situated in the Chicago Suburb of Arlington Heights, IL. The Sonesta Select in Arlington Heights, IL is easily available off IL68/ Dundee Road, north of Interstate90 through IL53 The hotel uses Buyers an exceptional chance to get a152- space home with considerable benefit in an extremely searched for market.

Investment Highlights

        • Built in 1990 as a Courtyard by Marriott, 4 Stories,152Rooms
        • As a Courtyard, completed2019 at:
          • 639% Occ @$9734 ADR (December2019 STR):
          • $ 3.45M in Room Revenue, practically $3.9 M in Total Revenue
        • Finished 2022 as a Sonesta Select (December 2022 STR)
          • 331% Occ @ $9277 ADR=$3073 RevPAR
          • RevPAR Index of 60.9%, Comp Set RevPAR of $5043
        • Excellent Potential Conversion Opportunity!
          • Spark by Hilton (PIP in Virtual Deal Room)
          • Comfort Inn (PIP in Virtual Deal Room)
        • Less than 5 miles to proposed brand-new Chicago Bears Stadium (redevelopment of the previous Arlington Racecourse)! Near to:
          • Schaumburg Convention Center and Woodfield Mall (10 Minutes)
          • Allstate Arena (20 Minutes)
          • Chicago O’Hare International Airport (20 Minutes)
          • Downtown Chicago (45 Minutes)

        For queries see here


        The Best Amsterdam hotel Deals

        Click the button listed below to get the very best discount rates on hotels in Amsterdam.

        Check All Deals ➡

        Visit Amsterdam?
        Get The I-Amsterdam City Card and Save!

        The I-Amsterdam City Card is an All-In-One Amsterdam Discovery Card that includes Free Public transportation, complimentary entry to 70 museums, complimentary canal boat trips, totally free bike leasing, and a lot more!

        Click the button listed below to understand more

        More Info ➡

        Leave a Comment