Travelodge by Wyndham - Louisville, KY Market

7618 Old State Road 60 Sellersburg, IN 47172

7618 Old State Road 60, Sellersburg, IN, 47172
7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172 7618 Old State Road 60, Sellersburg, IN, 47172
FOR SALE
Property Type:
Hotel
Amount:
$3,700,000
Last Verified:
Feb 09, 2024

Highlights

  • 93 Rooms
  • Recently updated and remodeled
  • Franchise agreement expires May 2024
  • Exterior corridor hotel
  • 3+/- acres located off I-65 exit

Description

Recently updated and remodeled 93 room economy exterior corridor hotel. 3+/- acres located off I-65 exit, in a fast growing residential/commercial area. Positive cash flow, no debt. No PIP required. Renovations included rooms and FF&E. Roof is less than 5 years old. Amenities include whirlpool tubs, executive suites, outdoor pool, guest laundry, breakfast area, meeting room, manager's suite, and 120 parking spaces. Franchise agreement expires May'24.

Located off I-65 exit


Year Built: 1972
Building Size: 35904sq ft
Lot Size: 2.88 acres

Map of 7618 Old State Road 60, Sellersburg, IN, 47172

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.