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5400 Weston Rd
Evansville, IN 47712

$10,828,000 USD

Hotel For Sale  •  61,244 SF

Property Details

• Property Type Hotel
• Total Building Size 61,244 SF
• Lot Size 3.4 AC
• Building Class B
• Year Built 1995
• Cap Rate 9.05 %
• Tenancy Single
• Zoning HB

0 Transit Score

58 Walk Score

Highlights

Turnkey Property: The hotel was fully-renovated (“pipped”) in 2022 and does just over $3 million in T12 room revenue

Demand Drivers: University of Southern Indiana (10,000 students), Bally's Casino, and Ford Center among others

Long-term License: Marriott license term through 2037

Limited Competition: Only one other hotel is within five (5) miles of the University

Property Flyers

Offering Memorandum

Financial Summary (Actual)

Net Operating Income: $850,000 USD (2023)

Cap Rate:

9.05 %

Amenities

• Business Center
• Fitness Center
• Pool
• High Speed Internet Access
• Patio
• Meeting Event Space
• Public Access Wifi
• Smoke-Free

Public Transportation

Airport	Drive	Walk	Distance
Evansville Regional	18 min	-	10.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	85
Type:	Surface
Included in Rent:	Yes