Hotels for Sale

LA QUINTA INN MERRILLVILLE, IN

Address:
Merrillville, Indiana
Description:
  • Fee simple interest in the institutionally-owned and Wyndham-managed 121-room La Quinta Inn Merrillville IN offered at a fraction of replacement cost
  • Available unencumbered of debt and management with the ability to retain the La Quinta Inn brand via a new long-term license agreement with Wyndham
  • Significant operating improvements prospects following completion of the pre-negotiated La Quinta PIP and more hands-on ownership
  • Situated along Interstate-65 in Greater Chicagoland with upwards of 100,000 vehicles passing the location daily
  • Proximate to all Merrillville area demand including Southlake Mall, Deep River Waterpark, Lake County Fairgrounds, Genesis Convention Center, Methodist Southlake Hospital, and Albanese Confectionary Group
  • Located within 30 minutes of three casinos including Horseshoe Casino Hammond, Ameristar Casino, and Majestic Star Casino
  • Ideally located in the broader Chicagoland MSA, home to ~9.5MM residents and host to a record setting 58MM tourists in 2018

Listing Agents

Mike Schlictman
T | 312.239.0577
Email

Andrew Makhlouf
T | 312.584.1312
Email

Brent Clemens
T | 312.239.0572
Email

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