1800 S Old Decker Rd

Hospitality: Motel

1800 S Old Decker Rd, VincennesIN 47591

Property Details

Location

Address
1800 S Old Decker Rd, VincennesIN 47591
County
Knox
Submarket
Parcels
421233100005000023

Building Size

Building Size
18,826 SF
Rentable Space
25,080 SF

Building Details

Type
 Hospitality: Motel
Number of Buildings
2
Number of Units
39
Occupancy Type
Single Tenant
Building Class
C
Building Status
Existing
Floors
2
Year Built
1994
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
3.39 Acres
Land (SF)
147,668 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
C-2
Lot Depth
Lot Width

Contacts

Current Listings

Red Roof Inn-Vincennes

25,080 SF$2,400,000
Summit Real Estate Services

NOW AVAILABLE – 39-unit Red Roof Inn located in Historic Vincennes, Indiana. Take advantage of this opportunity to own a consistently profitable property, conveniently located within the heart of the Wabash Valley industrial corridor with over twelve major industrial facilities (refinery, power plants, manufacturing plants) located within thirty (30) miles. This has produced a large base of corporate contract customers – generating solid profits year in and year out.

This property has fully recovered from COVID lows, with REVPAR figures at or above historic highs (25% increase Y/Y from August 2020).  Experiencing numerous 100% occupancy nights in August, September, and October of current year, leading to REVPAR numbers exceeding comparison set during large portions of the last three (3)months. Get in contact now and schedule your visit.

-Property improvements since 2017 include: Upgraded interiors and exterior; electronics upgrades, parking lot improvements and counters/surfaces upgrades

-Upcoming improvements include: Case goods for select room classes; common space flooring and window treatments

-Property amenities include: Wi-Fi, Indoor Pool, Breakfast Café and Business Center

Property Description: Red Roof Inn-Vincennes is consist of two (2) buildings containing 39 air-conditioned rooms featuring refrigerators, microwaves, 37-inch flat-screen televisions with cable programming and  complimentary wireless Internet access. Private bathrooms with shower/tub combinations feature complimentary toiletries and hair dryers. Conveniences include desks and coffee/tea makers, as well as phones with free local calls. Other property amenities include an indoor swimming pool, Breakfast Café and Business Center.

Location Description: Red Roof Inn-Vincennes is situated in the entertainment district of Vincennes, Indiana, within a 5-minute drive to Good Samaritan Health Pavilion, including Good Samaritan Hospital and Good Samaritan Accreditations. This motel is 2.2 mi (3.5 km) from Rogers Clark National Historical Park and 3.1 mi (5 km) from Vincennes University.

Vincennes, IN is the county seat of Knox County, and is located on the lower Wabash River in the southwest part of the state, nearly halfway between Evansville and Terre Haute.

Summit Real Estate Services

NOW AVAILABLE – 39-unit Red Roof Inn located in Historic Vincennes, Indiana. Take advantage of this opportunity to own a consistently profitable property, conveniently located within the heart of the Wabash Valley industrial corridor with over twelve major industrial facilities (refinery, power plants, manufacturing plants) located within thirty (30) miles. This has produced a large base of corporate contract customers – generating solid profits year in and year out.

This property has fully recovered from COVID lows, with REVPAR figures at or above historic highs (25% increase Y/Y from August 2020).  Experiencing numerous 100% occupancy nights in August, September, and October of current year, leading to REVPAR numbers exceeding comparison set during large portions of the last three (3)months. Get in contact now and schedule your visit.

-Property improvements since 2017 include: Upgraded interiors and exterior; electronics upgrades, parking lot improvements and counters/surfaces upgrades

-Upcoming improvements include: Case goods for select room classes; common space flooring and window treatments

-Property amenities include: Wi-Fi, Indoor Pool, Breakfast Café and Business Center

Property Description: Red Roof Inn-Vincennes is consist of two (2) buildings containing 39 air-conditioned rooms featuring refrigerators, microwaves, 37-inch flat-screen televisions with cable programming and  complimentary wireless Internet access. Private bathrooms with shower/tub combinations feature complimentary toiletries and hair dryers. Conveniences include desks and coffee/tea makers, as well as phones with free local calls. Other property amenities include an indoor swimming pool, Breakfast Café and Business Center.

Location Description: Red Roof Inn-Vincennes is situated in the entertainment district of Vincennes, Indiana, within a 5-minute drive to Good Samaritan Health Pavilion, including Good Samaritan Hospital and Good Samaritan Accreditations. This motel is 2.2 mi (3.5 km) from Rogers Clark National Historical Park and 3.1 mi (5 km) from Vincennes University.

Vincennes, IN is the county seat of Knox County, and is located on the lower Wabash River in the southwest part of the state, nearly halfway between Evansville and Terre Haute.

View Details
View Details
CIE

Source: ICREX

More Information

©Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither ICREX nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.

Commercial Exchange is a national commercial real estate marketplace powered by Catylist.