Hotels for Sale

Staybridge Suites South Bend University-Area, IN

Address:
South Bend, Indiana
Description:
  • Fee simple interest in the institutionally owned 90-room Staybridge Suites offered at a discount to replacement cost
  • Available unencumbered of debt and management with the ability to retain the Staybridge Suites brand
  • Three consecutive years of Year End RevPAR growth with Hotel performing at 132% of the RevPAR Index
  • Moderate change of ownership PIP expected on the 2010-build extended stay property
  • Ideally situated proximate to the University of Notre Dame, Saint Mary’s, Holy Cross, Indiana University South Bend, and Bethel College
  • Adjacent to the I-90 / US Route 31 interchange with upwards of 75,000 vehicles passing the location daily
  • Optimal location in the heart of South Bend, Indiana proximate to the city's top-ten largest employers and the local population of nearly 80,000
  • Convenient access to all local and regional demand including AM General, the South Bend Museum of Art, Potowatomi Zoo, the University of Notre Dame, Notre Dame Stadium (currently undergoing a $400MM renovation), and the newly opened Four Winds Casino

Listing Agents

Hussain Waseem
T | 773.526.8713
Email

Mike Schlictman
T | 803.920.4173
Email

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