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Super 8 by Wyndham Logansport 3801 E Market St 40 Room Hotel Logansport, IN 46947 $2,850,000 ($71,250/Room) 10% Cap Rate
Investment Highlights
- Forty Guest Rooms (40) Two Floors / Concrete Block Construction
- Three Bedroom Living Quarter
- Priced to Sell
- Renovated 2025 / Renovation Included Bathrooms
- Excellent Cash Flow
Executive Summary
The Super 8 by Wyndham Logansport, Indiana has proximity to State Highway 31, State Highway 24 and State Highway 35. The hotel is on the South Side of Market Street, approximately one and one half miles from Highway 24, 2-miles from the Town Square and in the immediate area of most of the newer retail, restaurant and hotel development in the city. The location is served by retail businesses, financial services, manufacturing, and auto retail. Well known restaurant are in the immediate area such os McAlister's, Bob Evans, Culver's, Starbucks.
Property Facts
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 40 | $98.00 | - |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 09-17-28-300-026.000-010 | Improvements Assessment | $166,700 |
| Land Assessment | $461,400 | Total Assessment | $628,100 |
Property Taxes
Parcel Number
09-17-28-300-026.000-010
Land Assessment
$461,400
Improvements Assessment
$166,700
Total Assessment
$628,100
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Videos
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Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
Super 8 by Wyndham Logansport | 3801 E Market St