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8290 Old Highway 50,Flora, IL 62839

    Offered At: $315,000
  • Square Feet: 6,896
  • Year Built: 1949
  • Lot Size: 2.47 Acres

8290 Old Highway 50 - Flora Motel

Property Information for 8290 Old Highway 50,Flora, IL 62839

Property Description

 Amazing Income Potential. MANY Updates have been made!!!! The Flora Motel is currently staying at 85-90% capacity at all times. The property has 16  units in the main part of the motel. Including 3 double rooms all being approx. 12 X15. There is also a Duplex(936 sq ft), and another single unit apartment (320 Sq Ft). All of the main units have a small refrigerator & microwave, tv, bed & accessories, and bathroom. The duplex has 2 larger rooms with the same amenities as the single units, that are small apartments. The Single apartment in the rear also has a kitchen and living room. These are all very well maintained, updated and very clean!
In addition to this great property there is approximately 1700 Sq Ft living area for the owner or care takers that has a large living room with fireplace, 2 large bedrooms with large closets, and a large bathroom with jetted tub. The kitchen in the Living area is updated and has tile floor. There is also an enclosed patio area, laundry room facility, attached carport, and detached garage, as well as a storage/workshop room. There is also a fenced area in the backyard.  This is a must see and definitely a great opportunity! This property has plenty of room to add storage, more units, another duplex, or many other possibilities. Please inquire with list broker for additional information.

Interior Features:
Appliances - Central Air - Den / Office - Disability Features / Access - Fireplace - Forced Air - Laundry Room - Linens - Main Floor Bathroom - Main Floor Bedroom -
Exterior Features:
Deck / Patio - Fenced Yard -
Community Features:
Additional Storage - Guest Parking - Onsite Laundry -