732-734 E 82ND STREET Merrillville IN 46410

Northwest Indiana (proximity to Chicago market) Two-Story Limited - Service Motel with 104-Guest Rooms. The Knights Inn offers a New Owner or Owner Operator to secure a renovated motel with considerable operational up-side through direct operations and oversite. Considerable longer term capital improvements have been in the years 2018-2024. These Capital Expenditures include: Exterior Brick Enhancements, New Stucco Exterior, and Interior Paint, New Roof Installed 2023 and 2024 (20- Year Warranty), Renovation of Guest Rooms (2018), Newer PTAC in Guest Rooms, Guest Laundry Equipment (2018).

About Merrillville, Indiana

Merrillville, Indiana is considered a Suburb of Chicago, Illinois. The City is located in Lake County, Ross Township, Indiana. The Northwest area of Indiana is commonly referred to as the “Region”, as in Calumet Region. The Town has a diverse population of approximately 36,300. The town is centered on the intersection of I65 and Highway 30 (the Lincoln Highway). The largest employers in Lake County seem to be in the healthcare industry. Theses include Francisan Health, Community Hospital, Alverno Clinical Labs, Methodist Hospital. Other large employers are NiSource, Inc. , US Steel Corp.

Limited Service Motel with National Hotel Brand

Proximity to Chicago (Northwest, Indiana) (Chicago MSA)

Interstate 65 and Highway 30

Meaningful Long Term Cap. Ex. Improvements Made 2018-2024

Considerable Operation Up-Side for Hands on Management and Oversite.

Priced for New Owner’s Success and Value Added Opportunity

Two Buildings, Two Acres, Two Parcels, Two Floors,

Built as 104-Guest Rooms+/-, Operating on 87, with 17 Rooms Operating for other Uses (Vending, Manager Apr, Storage, Employee Guestrooms, etc.)