Hotels for Sale

Comfort Inn & Suites Porter, IN

Address:
Porter, Indiana
Description:
  • Fee simple interest in the 2009 build, 70-room Comfort Inn & Suites Porter, IN offered at a fraction of replacement cost
  • Offered unencumbered of debt or management with the ability to retain the Comfort Inn & Suites flag via a long-term license agreement with Choice
  • Minimal change of ownership PIP expected with more than $620k (~$9k per key) spent in capital improvements over the trailing 24 months
  • Significant operational upside through hands on ownership and management
  • Proximate to the intersection of Interstates 65/80/90/94 with more than 140,000 vehicles passing the location daily
  • Ideally situated in greater Chicagoland only 40 miles from downtown Chicago
  • Optimal location in the heart of Portage, proximate to all regional demand including the Port of Indiana Burns Harbor, Arcelor-Mittal, US Steel, Indiana Dunes State Park, and the greater Chicago area

Listing Agents

Mike Schlictman
T | 803.920.4173
Email

Hussain Waseem
T | 773.526.8713
Email

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