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Red Roof Inn Vincennes 1800 S Old Decker Rd 39 Room Hotel Vincennes, IN 47591 $1,970,000 ($50,513/Room)
INVESTMENT HIGHLIGHTS
- Fully recovered from COVID lows, with REVPAR figures at or above historic highs (25% increase Y/Y from August 2020)
- Upcoming improvements: Case goods for select room classes; common space flooring and window treatments
- Property improvements since 2017: Upgraded interiors and exterior; electronics upgrades, parking lot improvements and counters/surfaces upgrades
- Property amenities include: Wi-Fi, Indoor Pool, Breakfast Café and Business Center
PROPERTY FACTS
| Price | $1,970,000 | Building Size | 25,080 SF |
| Price Per Room | $50,513 | No. Rooms | 39 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1993/1998 |
| Property Subtype | Hotel | Parking Ratio | 1.59/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 5.13 AC | ||
| Zoning | C-2 - commercial | ||
| Price | $1,970,000 |
| Price Per Room | $50,513 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.13 AC |
| Building Size | 25,080 SF |
| No. Rooms | 39 |
| No. Stories | 2 |
| Year Built/Renovated | 1993/1998 |
| Parking Ratio | 1.59/1,000 SF |
| Corridor | Exterior |
| Zoning | C-2 - commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 39 | $90.00 | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $654,900 | |
| Land Assessment | $212,300 | Total Assessment | $867,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$212,300
Improvements Assessment
$654,900
Total Assessment
$867,200
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Red Roof Inn Vincennes | 1800 S Old Decker Rd
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