121 Swords Drive

• Fee simple interest in the 69-room Holiday Inn Express & Suites in Mattoon, Illinois
• The asset will be available for purchase in the January 22nd auction event via RI Marketplace
• Offered for sale as part of an eight-property (8) portfolio, with all properties being sold individually
• Strong operational upside in transitioning the asset out of institutional ownership and third-party management
• Property is offered unencumbered by management and debt and at a significant discount to replacement cost
• Ideally well-located off I-57, a major interstate providing easy access for travelers between Chicago and Southern Illinois, with an average daily traffic of approximately 20,000 vehicles passing the hotel each day
• Mattoon's major demand generators include a blend of educational, agricultural, and healthcare sectors
• Education demand is driven by the proximity to Eastern Illinois University (8 miles) and Lake Land College (6 miles), which have an aggregate enrollment of approximately 12,000 students
• Rural King Supply, a farm supply store with 135 stores across 13 states, is headquartered in Mattoon and employs several thousand people across the region
• Sarah Bush Lincoln Health Center, a major healthcare provider in the region, along with RR Donnelley and Consolidated Communications, provides added diversity among major employers within the area
• Leisure demand offers many outdoor recreation opportunities within Lake Mattoon, Douglas-Hart Nature Center, and Lytle Park
• Several annual events, including Bagelfest (claiming to be the “Bagel Capital of the World”), provide a balanced blend of local history and family-friendly activities

Property Description

Alchemy Real Estate Advisors, in conjunction with RI Marketplace, is pleased to offer, on an exclusive basis, the opportunity to acquire the fee simple interest in the 69-room Holiday Inn Express & Suites in Mattoon, Illinois. The Property is offered for sale as part of an eight (8) property portfolio across five (5) states in Illinois, Iowa, Kansas, Missouri, and Oklahoma. All properties will be sold individually in the December 12th Auction Event through RealInsight Marketplace. The eight properties include: Holiday Inn Express & Suites: Jacksonville, Illinois Holiday Inn Express & Suites: Mattoon, Illinois Holiday Inn Express & Suites: Dubuque, Iowa Holiday Inn Express & Suites: Emporia, Kansas Holiday Inn Express & Suites: Nevada, Missouri Holiday Inn Express & Suites: Bethany (OKC MSA), Oklahoma Holiday Inn Express & Suites: Chickasha (OKC MSA), Oklahoma Hampton Inn: Chickasha (OKC MSA), Oklahoma