#1 is the renovated building C – 30,000sf – 56 rooms with (6) 2 room suites on approximately 1.5 acres. This property is marketed at 3.95 sq ft = $258,093 Land and 30 sq ft = $900,000 Bldg. = $1,158,093
#2 would include the A & B buildings with parcel #0506104040002000. The site would total 4.55 acres. This parcel is marketed at $782,882.10. Which equates to $3.95sf for the land and the buildings are included.
#3 would be the parcel #0506104040001000. Which is 4.17 acres; this is marketed as vacant land frontage on I-55 at $526,772. Which equates to $2.90 psf.
#4 would be to combine #1 & 2 from above totaling 6.05 acres all the Hotel buildings and is marketed at $1,850,500. Which would equate to $7.02sf for the land and the building included.
#5 would include #2 & 3 from above totaling 8.72 acres with buildings A & B only. Marketing at $1,250,500. Which equates to less than $3.30 psf for land.
#6 would be to purchase the entire property 10.22 acres and all the buildings at $2,348,500. This equates to less than $5.28sf for the land including the buildings at no value.
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