• Sale Price
    $985,000
  • Year Built
    1999
  • Building Size
    17820 sq. ft.
  • Acreage
    1.6 Ac
  • No. of Rooms
    45
  • Interest
    Fee-simple
  • Property Type
    Investment

Highlights

  • +/- 17,820 SF Inn with 45 Rooms
  • Well-Maintained Asset Built In 1999
  • Upside Potential to Increase Room Revenue
  • Strategic Proven Location in The Heart of Midwest & Indiana
  • Billboard Visibility from Interstate 69
  • Ample Semi-Truck/Trailor Parking
  • Current Operator has a NNN lease with Seller
  • NOI & Cap Rate Available Upon Request

Overview

This offering is to acquire the 45-room Arlington Inn & Suites, conveniently situated off Interstate 69 in Warren, Indiana, 25 minutes south of Fort Wayne. This two-story, interior corridor hotel was built in 1999, has been well-maintained by current ownership with ongoing capital expenditures, and has a stucco exterior with wood frame construction. All guest rooms are nonsmoking and include many amenities including upgraded beds, cable TV, and free in-room Wi-Fi. Current operator advertises both daily and extended stay rates and has a NNN lease with Seller. Perfect for a first-time buyer or as an investment property.

This Property is strategically positioned off of Interstate 69 and Indiana State Road 5 at exit #278. The location provides the hotel with high visibility to over 29,500 vehicles per day with approx. 1,200 FF on I-69. Conveniently located in the heart of Midwest and Indiana, Warren is known for its largest employer (Heritage Pointe Communities), logistics/trucking via I-69, and it’s manufacturing & agriculture industry(s). World-class companies including GM, Vera Bradley, and Golfo di Napoli Dairy are located within close proximity.

Map of Location

Neal Bowman Senior Broker
Rebecca Worrell Broker
Stephanie Petras Brokerage Marketing Assistant
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