Property Description: The Magnuson Hotel Fort Wayne is a 38-room hotel that was built in 1988. The three-story hotel features a refrigerator, microwave, flat-screen television, and desk with ergonomic chair in each room. The common amenities features a laundry facility, breakfast area, lobby, and business center. Location Description: Fort Wayne, Indiana is located in the northeastern part of the state and 18 miles west of the Ohio border. The top industries in the region are manufacturing, health care, retail trade, finance, and insurance, and government. The Magnuson Hotel Fort Wayne on 522 East Coliseum Boulevard is positioned off Interstate 69, near multiple room demand generators. Parkview Regional Medical Center (2.8 miles) provides 440 private patient rooms and has been award multiple grants to expand its programs throughout the years. Also, nearby is Purdue University Fort Wayne (1.2 miles) which has an enrollment of over 10,000 undergraduate and graduate students. The university hosts multiple scholastic and NCAA: Division I athletic events among their 16 varsity teams. Other room revenue generators include the Allen County War Memorial Coliseum (0.8 miles), Fort Wayne Children's Zoo (2.5 miles), Science Central (2.2 miles), and downtown Fort Wayne (3.3 miles) for shopping and dining.