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3400 N Everbrook Ln
Muncie, IN 47304
Quality Inn & Suites Muncie · Hospitality Property For Sale
·
52,843 SF

Investment Highlights
- 87-Room, Interior Corridor, Midscale Hotel
- Less than Two Miles from Ball State University
- Operational Upside for Prospective Hands-On Owner-Operator Investor
- Over $1 Million in Renovation Completed in 2018/2019
- Significant Upside Potential Through an Increase in Hotels Operational Efficiency
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1986/2018 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.36 AC | Parking Ratio | 1.84/1,000 SF |
| Building Size | 52,843 SF | Corridor | Interior |
| Zoning | CBD - Central Business District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.36 AC |
| Building Size | 52,843 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1986/2018 |
| Tenancy | Single |
| Parking Ratio | 1.84/1,000 SF |
| Corridor | Interior |
| Zoning | CBD - Central Business District |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 3400 N EVERBROOK LN , MUNCIE, IN 47304
Property Overview: The Quality Inn & Suites Muncie I-69 is a 87-room, two-story, interior corridor hotel built in 1986. Well-equipped with numerous common area and guest room amenities, this limited-service midscale hotel offers spacious guest rooms that come furnished with a microwave, refrigerator, work desk, lounge chair, and flat-screen television with premium channels. Additionally, some splendid common area amenities the hotel has to offer consist of an indoor pool, fitness center, business center, and self-service laundry facilities. Location Overview: Muncie, Indiana is a city located in Delaware County in the northeastern region of the state, 60 miles northeast of Indianapolis. The Quality Inn & Suites Muncie I-69 is superbly positioned on Everbook Lane, near the interchange of Tillotson Avenue and McGalliard Road. With the city’s major employers and popular revenue generators near the property, this sought-after hotel benefits from many key industries of the city which include educational services, health care, and retail trade. Ball State University and Indiana University Health Ball Memorial Hospital, two of the city’s largest employers located approximately two miles from the hotel respectively, are prime revenue drivers for the surrounding area. Other major employers that are responsible for a significant portion of the workforce include Navient (3.2 miles) and Magna Powertrain (6.5 miles). Revenue generators in the area, like Minnetrista (2.8 miles) and Muncie Mall (2.9 miles) help bring additional revenue to the hotel through an increase in transient business. Extra demand drivers for the city include Delaware County Fairgrounds (2.5 miles) and Delaware County Airport (3.8 miles). Broker of Record Josh Caruana License: IN BR14034355
Links
Property Taxes
| Parcel Number | 18-07-31-475-011.000-003 | Improvements Assessment | $2,425,800 |
| Land Assessment | $257,000 | Total Assessment | $2,682,800 |
Property Taxes
Listing ID: 18254747
Date on Market: 1/21/2020
Last Updated:
Address: 3400 N Everbrook Ln, Muncie, IN 47304
The North Muncie Hospitality Property at 3400 N Everbrook Ln, Muncie, IN 47304 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
