Hotels for Sale

Quality Inn South Bend, IN

Address:
South Bend, Indiana
Description:
  • Fee simple interest in institutionally owned and third party managed 123-room Quality Inn South Bend offered at a fraction of replacement cost

  • Seller has pre-negotiated reduced Choice royalty fees and reduced¬†Choice¬†application fees for qualified buyers

  • Approximately $981,000 ($8k/key) of CapEx improvements completed in recent years with approximately $309,000 ($3K/key) of improvements in the trailing 12 months

  • Minimal change of ownership PIP expected of a new buyer and asset is available for a new long-term license with Choice
  • Within walking distance of the University of Notre Dame and Notre Dame Stadium (currenlty in the midst of a $400MM renovation and expansion)
  • Adjacent to I-90 with upwards of 30,000 cars passing the location daily
  • Optimal location in the heart of South Bend, Indiana proximate to the city's top-ten largest employers
  • Proximate to all regional demand generators including AM General Inc., the South Bend Museum of Art, and downtown South Bend

Listing Agents

Hussain Waseem
T | 773.526.8713
Email Agent

Mike Schlictman
T | 803.920.4173
Email Agent

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