2519 E Center St | Warsaw, IN 46580
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- LoopNet Team
2519 E Center St
Warsaw, IN 46580
Wyndham Garden Hotel Warsaw · Hospitality Property For Sale
·
219,542 SF
INVESTMENT HIGHLIGHTS
- A 155-room, full service, hotel being offered at a fraction of replacement cost with a strong performance history, great location off of US-30.
- Minimal PIP requirements as renovations were completed in December of 2022 with over $3.1 million being added to the property over the past two years.
- Amenities include indoor and outdoor pools, fitness center, banquet/meeting space, marketplace, full-service bar/restaurant, and EV charging stations.
- Located in what is known as the world's orthopedic capital, many major orthopedic companies have headquarters nearby.
- Asset is offered free of management contracts and debt, giving new owner significant flexibility on operational and growth decisions.
- Continual upside with increasing revenues from the continued rebound of post COVID-19 hotel traffic and added seasonal traffic of nearby lakes.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 219,542 SF |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built/Renovated | 1971/2022 |
| Lot Size | 5.04 AC | Corridor | Interior |
| Zoning | C-3 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.04 AC |
| Building Size | 219,542 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1971/2022 |
| Corridor | Interior |
| Zoning | C-3 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- On-Site Bar
- Meeting Event Space
PROPERTY TAXES
| Parcel Number | 43-11-10-300-648.000-032 | Improvements Assessment | $4,859,800 |
| Land Assessment | $737,700 | Total Assessment | $5,597,500 |
PROPERTY TAXES
Parcel Number
43-11-10-300-648.000-032
Land Assessment
$737,700
Improvements Assessment
$4,859,800
Total Assessment
$5,597,500
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