Kishan Patel - Commercial Real Estate Showcase

Kishan Patel Property Listings
Kishan Patel
(714) 351-6166

3017 W Coliseum Boulevard

Fort Wayne, IN 46808 - North Fort Wayne Submarket

Property Type:Hospitality Number of Rooms:102 Status:Existing Year Built:1986
Stories:2 Building Size:30,000 SF Land Area:3 AC (130,680 SF)
For Sale Price:$2,899,000 Price/Room:$28,422 Cap Rate:12.00 %

Parking:1.13 Parking Spaces / 1,000 SF

Sale Notes:
Please do not contact any employees at the property .Newly converted Red Roof Inn. New microwave, fridge , tv , lock system , new roof. Little or no pip, revenues projected over 1.1 million this year. Last year over 920,000. Employee run. More potential with owner operator . No contracts with any company in place.

Sales up 10% this year

Nice growing city in Indiana

Price is firm

Must show proof of down payment

Serious buyers only

Kishan Patel
Kishan Patel
(714) 351-6166

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