CALL FOR OFFERS Friday, December 12th
Opportunity
Fee simple interest in the recently renovated 85-room Holiday Inn Express & Suites Valparaiso, IN
Approximate $2.4MM ($28k per key) PIP completed in February 2025 enables buyer to purchase a turn-key operation with ability to relicense the hotel under a long-term franchise agreement with minimal PIP exposure
Offered at a significant discount to replacement cost
Available unencumbered of debt and management
Opportunity to capitalize on improving performance with new hands-on ownership following extensive reimagining of the hotel
Location
Strategically positioned at the interchange of State Road 49 and US Route 30 with upwards of 60,000 vehicles passing the location daily
Proximate to all area corporate demand including UGN, Task Force Tips, Enbridge, Nipsco, AM Stabilizers, Calhoun Steel, Mauser Packaging, Powder Processing & Technology, Pratt Industries, Sensit Technologies, and Union Electric Steel
Convenient access to all area healthcare demand including Northwest Hospital, St. Mary Medical Center, and HealthLinc Community Health Center
Easily accessible to all area leisure demand including Central Park Plaza, Indiana Dunes National Park, Zao Island, Deep River Water Park, Brown Field, Emory Bauer Field, and Porter County Fairgrounds
One mile from Valparaiso University
Ideally located in the broader Chicagoland MSA, the third largest MSA in the country and home to over 9.4MM people