Hunter Advisors has been exclusively engaged to present the opportunity to acquire the fee-simple interest in the 76-key Irish Cottage Inn & Suites (the “Hotel”), located in historic Galena, Illinois. The Hotel is situated on a 3.83-acre site approximately 0.5 miles from Downtown Galena, a well-established, four-season leisure destination supported by strong and consistent tourism demand. Currently operating as a cash-flowing independent boutique hotel, the property presents a compelling opportunity for a new owner to unlock value through branding optionality, operational enhancements, and various value-add initiatives.
- High-quality physical asset, originally opened in 2003, with approximately $2.55 million ($33,500 per key) of capital investment completed between 2021 and 2025
- Irreplaceable location off U.S. Highway 20, just 0.5 miles from downtown
- Established year-round leisure destination attracting over one million visitors annually
- Historic Downtown Galena boasts over 800 historic properties, and more than 120 shops, resturants and galleries
- Robust amenity package including flexible indoor and outdoor meeitng and event space, the full-service Frank O’ Dowd’s Irish Pub & Grill, on-site spa facilities, an indoor pool, and a fitness center
- In-place cash flow with meaningful operational upside
- Offered at a compelling discount to replacement cost
- Significant value-add potential, including:
- Blank-canvas repositioning opportunity
- Branding optionality
- Management availability
- Repositioning Spa / Gaming Area
