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This Hospitality Property is no longer advertised on LoopNet.com.

1950 S Wabash St
Wabash, IN 46992

Knights Inn Wabash · Hospitality Property For Sale · 42,424 SF

Investment Highlights

  • 89 Units
  • 12-Month Room Revenue: $493,000+
  • Strategic Location 1 Hour From Fort Wayne and 2 Hours from Indianapolis
  • Asking 2.9X Room Revenue
  • 2022 Net Operating Income: $147,000+
  • Excellent Opportunity for Owner/Operator with Onsite Manager's Quarters

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.54 AC
Building Size 42,424 SF
No. Stories 2
Year Built/Renovated 1967/2011
Parking Ratio 4.76/1,000 SF
Corridor Exterior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 85-14-02-100-012.000-008
  • 85-14-58-304-002.000-008
Land Assessment
$315,900
Improvements Assessment
$903,100
Total Assessment
$1,219,000

zoning

Zoning Code WCGB (Wabash County General Business)
WCGB (Wabash County General Business)
  • Listing ID: 28922212

  • Date on Market: 7/5/2023

  • Last Updated:

  • Address: 1950 S Wabash St, Wabash, IN 46992

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