732 E 82nd Ave - Hospitality FOR SALE
Merrillville, IN 46410 |
$2,500,000 USD
305-213-3299
732 E 82nd Ave
Merrillville, IN 46410
OVERVIEW
The Knights Inn has undergone significant renovations over the past several years, with a total investment of approximately $400,000. These improvements have been made to enhance both aesthetic and functional aspects of the property and improve the guest satisfaction. Major Renovations include:
* Exterior brickwork completed 2020-2021
* New Stucco and Paint Exterior 2020-2021
* Partial New Roof 2023-and 2024
* New Washer and Dryer 2019
* New PTAC as required
FOR SALE DETAILS
PRICE
$2,500,000 USD
PRICE/SF
$61 USD /SF
# OF ROOMS
90
PRICE/ROOM
$27,778 {currency}
CAP RATE
Request Cap Rate
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Knights Inn Merrillville
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1992
PARKING SPACES
134
LAND DETAILS
LAND ACRES
2 AC
LAND SF
87,120 SF
ZONING
C-3
APN/PARCEL ID
45-12-22-326-006.000-030,45-12-22-326-007.000-030
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305-213-3299
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305-213-3299
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