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Executive Summary

Prime Investment Opportunity. Interior 71 Rooms and Manager apartment on site.

Property Facts

Price $2,400,000
Price Per Room $32,877
Sale Type Investment
Cap Rate 9.38%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.99 AC
Building Size 43,728 SF
No. Rooms 73
No. Stories 2
Year Built/Renovated 1990/2017
Parking Ratio 0.46/1,000 SF
Corridor Interior
Zoning Commercial

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke Detector

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $120.00 -
Guest Room 71 $94.00 -
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
16-06-35-140-001.010-016
Land Assessment
$712,300
Improvements Assessment
$763,700
Total Assessment
$1,476,000
  • Listing ID: 41169829

  • Date on Market: 7/5/2026

  • Last Updated:

  • Address: 2317 N State Road 3, Greensburg, IN 47240

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