Best Western Fort Wayne I-69 North | 2902 E DuPont Rd
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Best Western Fort Wayne I-69 North 2902 E DuPont Rd
76 Room Hotel Fort Wayne, IN 46825 $6,500,000 ($85,526/Room)
Investment Highlights
- 76 Unit, 3 Story, Interior Corridor Hotel
- Approved for Auto Transfer
- 2023 Room Revenue: $1,467,628
- $1,200,000 of CapEx completed by seller to convert to Best Western
- Minimal PIP expected for new buyer
- TTM Room Revenue September 2024: $1,417,260
Executive Summary
The Bowman Post Group of NewGen Advisory is pleased to present for sale the 76 room, interior corridor Best Western, well located off Interstate 69 in Fort Wayne, Indiana. The well appointed hotel includes an indoor pool, fitness center, and breakfast area.
With a prime location in the thriving Fort Wayne area, this property offers immense potential for hospitality investors. Boasting ample space, and modern amenities, this property is primed for success in the hospitality sector. Don't miss the chance to capitalize on this promising asset in a vibrant and growing market.
Broker of Record: Andrew Post | New Gen Advisory IN LLC | # RB20000344
Location Information:
In Fory Wayne, Indiana, professionals can enjoy the bustling activity at the Glenbrook Square, the largest shopping destination in Northeast Indiana. A variety of dining options, including popular national chains and local eateries, provide convenient choices for lunch meetings or after-work socializing. Nature enthusiasts can explore the idyllic grounds of the Foellinger-Freimann Botanical Conservatory, while culture seekers can soak in the arts at the Fort Wayne Museum of Art. With easy access to major roadways and a thriving commercial district, the area offers a dynamic location for offices and office buildings.
With a prime location in the thriving Fort Wayne area, this property offers immense potential for hospitality investors. Boasting ample space, and modern amenities, this property is primed for success in the hospitality sector. Don't miss the chance to capitalize on this promising asset in a vibrant and growing market.
Broker of Record: Andrew Post | New Gen Advisory IN LLC | # RB20000344
Location Information:
In Fory Wayne, Indiana, professionals can enjoy the bustling activity at the Glenbrook Square, the largest shopping destination in Northeast Indiana. A variety of dining options, including popular national chains and local eateries, provide convenient choices for lunch meetings or after-work socializing. Nature enthusiasts can explore the idyllic grounds of the Foellinger-Freimann Botanical Conservatory, while culture seekers can soak in the arts at the Fort Wayne Museum of Art. With easy access to major roadways and a thriving commercial district, the area offers a dynamic location for offices and office buildings.
Property Facts
| Price | $6,500,000 | Building Size | 75,073 SF |
| Price Per Room | $85,526 | No. Rooms | 76 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2001/2021 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.91/1,000 SF |
| Lot Size | 1.55 AC | Corridor | Interior |
| Price | $6,500,000 |
| Price Per Room | $85,526 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.55 AC |
| Building Size | 75,073 SF |
| No. Rooms | 76 |
| No. Stories | 3 |
| Year Built/Renovated | 2001/2021 |
| Tenancy | Single |
| Parking Ratio | 0.91/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 12 | $129.00 | - |
| Guest Room | 64 | $99.00 | - |
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PROPERTY TAXES
| Parcel Number | 02-08-06-200-010.000-072 | Improvements Assessment | $1,646,300 |
| Land Assessment | $426,200 | Total Assessment | $2,072,500 |
PROPERTY TAXES
Parcel Number
02-08-06-200-010.000-072
Land Assessment
$426,200
Improvements Assessment
$1,646,300
Total Assessment
$2,072,500
zoning
| Zoning Code | RD |
| RD |
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Andrew Post -
NewGen Advisory
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Best Western Fort Wayne I-69 North | 2902 E DuPont Rd
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