Magnuson Hotel (Fort Wayne North) - Fort Wayne, IN
Hospitality | 43 Keys
Marketing description
Jayesh Bhima is pleased to present the Magnuson Hotel – Fort Wayne, IN as an exceptional investment opportunity. Strategically located near the Allen County War Memorial Coliseum, the property benefits from strong demand driven by concerts, sporting events, and trade shows. This well-established midscale property features 43 guestrooms across three stories with interior corridors, providing a comfortable and easily accessible stay.
Ideally located with easy access to Interstate 69, the Magnuson Hotel is just 11 miles from Fort Wayne Airport, making travel convenient for guests. It’s also surrounded by top family-friendly attractions like Science Central and the highly-rated Fort Wayne Children’s Zoo, a favorite summer destination in Indiana. Guests enjoy added value with complimentary breakfast and free Wi-Fi.
For more information, click here: Confidentiality Agreement
Investment highlights
- 43 Units: 3 story Interior Corridor
- Offered at $48,837 / Key, 3.5x RRM
- Trailing Twelve Month Revenue: $603,700; 69% YOY Improvement
- Strategic Location: Close Proximity to Memorial Coliseum Event Center. Easy access to Interstate 69
- Upside Potential: Group Contracts & Extended Stay
- Fort Wayne Market has increased 9.8% in RevPAR Year over Year
For more information, click here: Confidentiality Agreement
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