Ramada by Wyndham Tell City
Excellent condition, easy operations. Absentee owner. Strong GM.
Marketing description
Discover an exceptional investment opportunity at Ramada by Wyndham Tell City in Tell City, Indiana. This well-established hotel, situated one mile from the Indiana and Kentucky border, offers a charming retreat along the scenic Ohio River. Boasting modern amenities and southern Hoosier hospitality, the Ramada features comfortable rooms with 43” flat screen TVs, complimentary Wi-Fi, and convenient facilities including a seasonal pool, fitness center, and BBQ grills. Escape to this picturesque riverside town, close to the Cannelton Locks and Dams, Holiday World & Splashin' Safari, and the Lincoln Boyhood National Memorial, providing endless entertainment options for guests. With a prime location near major cities such as Indianapolis, Cincinnati, and Nashville, the Ramada by Wyndham Tell City presents a lucrative investment opportunity in a growing market. Don't miss the chance to own this iconic property in Tell City, Indiana.
Investment highlights
Excellent condition, easy operations. Means … New owner can step in without any major expenditures.
Occupancy less than 50%. Means … Opportunity for new owner with improved marketing effort in an improving economy to increase revenues to maximize returns.
Current absentee owner has a very good General Manager operating the hotel. Means … New owner could continue with same operations or be more hands on to motivate staff and generate higher revenues.
Quality and guest scores very good. Means … Excellent customer base to build upon for maximized returns.
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