NEW HOTEL LISTING IN INDIANA

Indiana, United States

$1900000

Sale conditions:

Snapshot

Active

Ownership: Fee Interest
Type: Hotel
Chain / Market Scale: Economy
Brand: Red Carpet Inn
Corridor: Exterior
No. of Keys: 70
Site Size: 2.249 AC

Situated on nearly 2.25 acres, the site may have alternative uses. Building could be converted to 49 one bedroom apartments. Because of its somewhat out-of-the-way location, the building may have conversion possibilities to a rehab facility or other alternative uses. Or one may raze and rebuild for greater opportunity, once one evaluates this hotel market.

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Chain / Market Scale: Economy
Brand: Red Carpet Inn
Corridor: Exterior
Keys: 70
Building Status: Existing
No. of buildings: 3
Stories: 3
Building size(SF): 30000
Site size: 2.249 AC
Parking Type: Surface
Construction Type: Wood Frame
Year Build: 1985
Room Inventory Description:

70 rooms: 51 singles; 19 double doubles

Common area amenities:

Other

High Speed Internet

Outdoor Pool

Source of Business:

Other

Transient

Additional Links:

Location


Country: United States
State: Indiana
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:

Brokers

H Brandt Niehaus, CHB CCIM

President
Huff, Niehaus & Associates, Inc.

AL #BRK 000083739 0
IN #RB14024457
KY #26654
MA #BRK 1000095
OH #BRK 0000352563
TN #00274520

502 254 7787
brandt@huffniehaus.com


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