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3017 W Coliseum Boulevard, Fort Wayne, IN

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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 a million this year. Last year over 920,000. Employee run. More potential with owner operator . No contracts with any company in place.

Revenue of trailing 12 months is over $1,000,000. Cap Rate is estimated.

Nice growing city in Indiana

Kishan Patel
Kishan Patel
(714) 351-6166




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