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1334 N Washington St
- Offered at 10.91% cap rate and 24.7% cash on cash return
- Located right next to I-64 & US-231
- Prime location: 82 miles from Louisville Muhammad Ali Int'l Airport, 40 miles from Evansville Regional Airport
- Attracts leisure and business travelers year-round
- 61 rooms across three stories with interior corridors
- Built in 1998, renovated in 2016
- Consistent revenue growth in recent years
Property Description
We are thrilled to present the well-established Motel 6 in Dale, Indiana, listed exclusively with Tabani Realty. The Motel 6 in Dale is an exceptional investment prospect located in the heart of the Midwest. With a prime location just 82 miles from Louisville Muhammad Ali Int'l Airport and 40 miles from Evansville Regional Airport, it attracts leisure and business travelers year-round. The property boasts 61 rooms across three stories and is equipped with interior corridors providing added privacy and security. Built in 1998 and renovated in 2016 this well-established property has seen consistent revenue growth over the past few years.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $1,500,000 |
| No. of Units: | 61 |
| Year Built: | 1998 |
| Lot Size: | 1.30 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $24,590 |
| Property Website | Click Here |
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