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522 Essex Dr
Kokomo, IN 46901
Comfort Inn Kokomo · Hospitality Property For Sale
·
28,100 SF

Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1990/2004 |
| Building Class | C | Parking Ratio | 1.99/1,000 SF |
| Lot Size | 1.06 AC | Corridor | Interior |
| Building Size | 28,100 SF | ||
| Zoning | GC - General Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.06 AC |
| Building Size | 28,100 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1990/2004 |
| Parking Ratio | 1.99/1,000 SF |
| Corridor | Interior |
| Zoning | GC - General Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
About 522 ESSEX DR , KOKOMO, IN 46901
Property tours are available by appointment. Please contact the listing broker to schedule a tour. Investment Highlights: Fee-simple interest in the institutionally owned and third-party managed 63-room Comfort Inn offered at a fraction of replacement cost Property offered for sale through Ten-X in the April 25th auction Available unencumbered of debt and third-party management with the ability to retain the Comfort Inn brand Seller has completed approximately $424k (~$7k per key) of total renovation in recent years Adjacent to State Road 22 and State Road 931 interchange with upwards of 45,000 vehicles passing the location daily Optimal location in the heart of Kokomo within four miles of the city's largest employers including Fiat Chrysler, General Motors, Delphi Technologies, Haynes International, and Indiana University Kokomo Within walking distance of numerous full-service nationally recognized restaurants Proximate to all broader Kokomo area demand including downtown Kokomo and Kokomo Municipal Stadium Investment Overview: Paramount Lodging Advisors (PLA) and Ten-X are pleased to exclusively present the opportunity to acquire the fee-simple interest in t Please contact the listing broker to schedule a tour. Investment Highlights: Fee-simple interest in the institutionally owned and third-party managed 63-room Comfort Inn offered at a fraction of replacement cost Property offered for sale through Ten-X in the April 25th auction Available unencumbered of debt and third-party management with the ability to retain the Comfort Inn brand Seller has completed approximately $424k (~$7k per key) of total renovation in recent years Adjacent to State Road 22 and State Road 931 interchange with upwards of 45,000 vehicles passing the location daily Optimal location in the heart of Kokomo within four miles of the city's largest employers including Fiat Chrysler, General Motors, Delphi Technologies, Haynes International, and Indiana University Kokomo Within walking distance of numerous full-service nationally recognized restaurants Proximate to all broader Kokomo area demand including downtown Kokomo and Kokomo Municipal Stadium Investment Overview: Paramount Lodging Advisors (PLA) and Ten-X are pleased to exclusively present the opportunity to acquire the fee-simple interest in the Comfort Inn Kokomo, Indiana. Since 2014,
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Property Taxes
| Parcel Number | 34-04-32-301-003.000-002 | Improvements Assessment | $1,448,100 |
| Land Assessment | $275,400 | Total Assessment | $1,723,500 |
Property Taxes
Listing ID: 11517016
Date on Market: 2/7/2018
Last Updated:
Address: 522 Essex Dr, Kokomo, IN 46901
