Search Results for 

5400 Weston Road, Evansville, IN

Welcome to SHOWCASE.COM, the Web's most comprehensive source of commercial property data, where you can search from 900,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land, Multi-Family or other commercial property types, just click the button to the right.
5400 Weston Road

Evansville, IN 47712 - Westside Submarket

Property Type:Hospitality Number of Rooms:110 Status:Existing Year Built:1995
Stories:4 Building Size:87,524 SF Land Area:3.4 AC (148,104 SF)
For Sale Price:$11,475,000 Price/Room:$104,318 Cap Rate:7.70 %


Sale Notes:
The Fairfield Inn Evansville West, a recently renovated, four story, block and plank constructed property features the latest Fairfield Inn Generation 4 design package by Marriott. The Trailing-12 Evansville/Henderson, IN-KY tract hotel market in which the Fairfield Inn Evansville is located, has reflected a strong 7.2% RevPargrowth. While theHotel's competitive set reflects stronger thanmarket results, showing a 7.8% increase, the Hotel has only increased a modest 2.4%. With new demand generators entering the market, this provides a new owner/operator an upside opportunity to not only structure cost-saving operational efficiencies to increase NOI, but to implement strong yield management and marketing strategies aimed at increasing overall RevPar to gain fair market share.

SVN | HPW Commercial
Jeff Roike
(919) 789-5215

SVN The Martin Group
Steve Martin
(317) 849-8001

SVN/ Martin Commercial Group
Chris Stuard
(812) 471-2500 x2775

Share this listing

Copy and paste this HTML into your blog or web page:
<a href="" target="_blank">5400 Weston Road, Evansville, IN - Commercial property</a>

Send Email
Add a personalized message: (Optional)
Copyright © 1997-2016 CoStar Realty Information, Inc. All rights reserved.  |  About SHOWCASE.COM |  Advertise |  Site Map