1800 S Old Decker Rd - Hospitality FOR SALE
Vincennes, IN 47591 |
$1,970,000 USD
812-746-8569
1800 S Old Decker Rd
Vincennes, IN 47591
HIGHLIGHTS
- Fully recovered from COVID lows, with REVPAR figures at or above historic highs (25% increase Y/Y from August 2020)
- Property improvements since 2017: Upgraded interiors and exterior; electronics upgrades, parking lot improvements and counters/surfaces upgrades
- Upcoming improvements: Case goods for select room classes; common space flooring and window treatments
- Property amenities include: Wi-Fi, Indoor Pool, Breakfast Café and Business Center
FOR SALE DETAILS
PRICE
$1,970,000 USD
PRICE/SF
$79 USD /SF
# OF ROOMS
39
PRICE/ROOM
$50,513 {currency}
CAP RATE
Request Cap Rate
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Red Roof Inn Vincennes
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1993
PARKING SPACES
40
LAND DETAILS
LAND ACRES
5.13 AC
LAND SF
223,463 SF
ZONING
C-2
APN/PARCEL ID
42-12-33-100-005.000-023,42-12-33-102-009.000-023
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812-746-8569
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812-746-8569
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