5501 National Rd E - Hospitality FOR SALE
Richmond, IN 47374 |
5501 National Rd E
Richmond, IN 47374
HIGHLIGHTS
- 134-room Quality Inn & Conference Center located just off I-70 along a major retail corridor, completely renovated in 2020-2021.
- Conveniently surrounded by destination dining options for guests including Red Lobster, Buffalo Wild Wings, Olive Garden, Texas Roadhouse, and more.
- Guest amenities include Wi-Fi, hot breakfast, meeting space, business center, fitness center, guest laundry facilities, indoor heated pool, and more.
- Great visibility to 19,000 vehicles traveling daily along National Road E and easily accessible to 27,000 vehicles traveling daily along I-70.
- Excellent opportunity to acquire a stable, operating Choice Hotels branded asset with operational upside.
- The area highlights strong demographics with 38,296 residents, 25,352 daytime employees, and 2,112 businesses within a five-mile radius.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Quality Inn & Conference Center Richmond
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
89340
STORIES
5
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1972
PARKING SPACES
221
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
OC
APN/PARCEL ID
89-16-36-330-101.000-030
