444 Pine Lake Ave | La Porte, IN 46350
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
444 Pine Lake Ave
La Porte, IN 46350
Pine Lake Resort · Hospitality Property For Sale · 107,301 SF
Investment Highlights
- 146 Unit, Interior Corridor Hotel
- Underperforming the Competitive Set by 70% (RevPAR of $15 vs $54) - Strong Upside Opportunity
- Appraised in November 2021 at a $3,400,000 Valuation
- Absentee Motivated Seller; Encouraging All Offers
- Located off Interstate 90 less than 1 hour from Chicago
- Indoor-Outdoor Pool, 3,800 SF +/- of Meeting Space, and ample Bus/Truck Parking
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1968/2023 |
| Building Class | B | Tenancy | Single |
| Lot Size | 4.93 AC | Parking Ratio | 1.66/1,000 SF |
| Building Size | 107,301 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.93 AC |
| Building Size | 107,301 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1968/2023 |
| Tenancy | Single |
| Parking Ratio | 1.66/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Spa
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Number | 46-06-27-480-005.000-043 | Improvements Assessment | $1,052,700 |
| Land Assessment | $449,300 | Total Assessment | $1,502,000 |
PROPERTY TAXES
Parcel Number
46-06-27-480-005.000-043
Land Assessment
$449,300
Improvements Assessment
$1,052,700
Total Assessment
$1,502,000
Learn More About Investing in Hospitality Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
