7740 Corinne Dr | Hammond, IN 46323
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7740 Corinne Dr
Hammond, IN 46323
Residence Inn Chicago Southeast Hammond · Hospitality Property For Sale · 66,411 SF
Investment Highlights
- 78-room premier extended stay located 30 minutes from downtown Chicago.
- Opportunity to acquire the adjacent Courtyard by Marriott and Fairfield Inn & Suites to drive NOI through economies of scale.
- Consistent operating performance for the five-year period ending 2019 with occupancy and ADR averaging 85 percent and $129, respectively.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1998/2012 |
| Building Class | A | Tenancy | Single |
| Lot Size | 1.99 AC | Parking Ratio | 1.33/1,000 SF |
| Building Size | 66,411 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | A |
| Lot Size | 1.99 AC |
| Building Size | 66,411 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1998/2012 |
| Tenancy | Single |
| Parking Ratio | 1.33/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- On-Site Retail
- High Speed Internet Access
- Patio
- Meeting Event Space
- Tennis
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
PROPERTY TAXES
| Parcel Number | 45-07-16-326-006.000-023 | Improvements Assessment | $5,261,800 |
| Land Assessment | $1,723,800 | Total Assessment | $6,985,600 |
PROPERTY TAXES
Parcel Number
45-07-16-326-006.000-023
Land Assessment
$1,723,800
Improvements Assessment
$5,261,800
Total Assessment
$6,985,600
zoning
| Zoning Code | C-4 (General Commercial District) |
| C-4 (General Commercial District) |
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