Hotels for Sale

The Van Buren Hotel Shipshewana, IN

Address:
Shipshewana, Indiana
Description:
  • Fee simple interest in 84-room Van Buren Hotel offered at a fraction of replacement cost
  • Property offered for sale unencumbered of management and branding
  • Approximately $200,000 ($2,400 per key) of capital improvements completed since 2015
  • Year over year RevPAR up 14% with more than $450k of in-place NOI
  • Shipshewana ranked among the Top-5 most visited places in Indiana with over 2.3MM visitors annually
  • Adjacent to State Route 5 and between US Highways 20 and 120 with upwards of 20,000 cars passing the location daily
  • Proximate to all regional demand including The Shipshewana Auction and Flea Market, KZ-RV Inc., and Parkview LaGrange Hospital

Listing Agents

Daniel Jackson
T: 312.937.3669
Email

Hussain Waseem
T | 773.526.8713
Email Agent

Mike Schlictman
T | 803.920.4173
Email Agent

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