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6138 East Corridor Dr
Marion, IN 46953
America's Best Value Inn & Suites · Hospitality Property For Sale · 38,015 SF
Investment Highlights
- 60-Room, Interior Corridor, Economy Hotel Built in 2001
- Property sits directly South of the Dollar General Distribution Center & North of Dunham’s Sports Distribution Center
- Located 50 miles from Fort Wayne & 80 miles from Indianapolis
- Well Positioned with Excellent Visibility from Interstate 69 (Closest Hotel to Interstate)
- Operational Upside for Prospective Hands-On Owner-Operator Investor
- Call for Offers | Motivated Seller
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 3 |
Property Subtype | Hotel | Year Built | 2001 |
Building Class | B | Parking Ratio | 1.68/1,000 SF |
Lot Size | 2.29 AC | Corridor | Interior |
Building Size | 38,015 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 2.29 AC |
Building Size | 38,015 SF |
No. Stories | 3 |
Year Built | 2001 |
Parking Ratio | 1.68/1,000 SF |
Corridor | Interior |
Amenities
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
About 6138 East Corridor Dr , Marion, IN 46953
America's Best Value Inn & Suites Marion is a 60-room hotel that was built in 2001. This three-story, RLH Corporation-branded is an economy property that offers guests meeting/banquet facilities, business center, and exercise room. The guest rooms include a refrigerator, microwave, flat-screen television, and select rooms have a spa tub. Location Overview: Marion, Indiana is in the northeastern part of the state and located approximately 1.5 hours from Indianapolis IN. The property is positioned on 6138 East Corridor Drive and in close proximity to corporate and leisure room demand generators. The General Motors Metal Center (7.9 miles) manufactures blanks, stampings and sheet metal assembly for cars, vans, trucks, and SUVs to GM assembly factories throughout North America. This is a significant contributor to the local economy and employs approximately 1400 individuals. In addition, the Marion & Civic Center (5.9 miles) and James Dean Memorial Theater (5.9 miles) hosts multiple events throughout the year and an attraction for leisure travelers. The Indiana Wesleyan University (8 miles) is an accredited higher learning commission status and nearly 3,000 students are enrolled with 80 undergraduate degrees, and 38 graduate degrees. Broker of Record Josh Caruana License: IN RB14034355
Links
PROPERTY TAXES
Parcel Number | 27-08-07-200-005.005-040 | Improvements Assessment | $746,300 |
Land Assessment | $190,200 | Total Assessment | $936,500 |
PROPERTY TAXES
zoning
Zoning Code | GB (General Business) |
GB (General Business) |
Learn More About Investing in Hospitality Properties
Listing ID: 19844285
Date on Market: 6/9/2020
Last Updated:
Address: 6138 East Corridor Dr, Marion, IN 46953