3610 S Nappanee St, Elkhart, IN 46517

McKinnies Realty is pleased to present the Holiday Inn Express & Suites Elkhart-South, an IHG Hotel, a 70-room, three-story upper-midscale asset located at 3610 S Nappanee Street in Elkhart, Indiana. The property is offered at $6,700,000.

This IHG-branded hotel has demonstrated consistent market leadership. The property’s sustained outperformance reflects strong management, stable corporate demand, and competitive positioning within the submarket.

Property Highlights

• 70 guestrooms | Three stories

• Indoor heated pool

• Fitness center

• Business center

• Complimentary breakfast area

• All PTAC units recently replaced

• Strong IHG brand affiliation

Strategic Location – “RV Capital of the World”

Elkhart anchors the Elkhart-Goshen MSA and is nationally recognized as the “RV Capital of the World.” The area supports a diverse manufacturing economy including recreational vehicles, musical instruments, pharmaceuticals, electronic components, and manufactured housing.

Major nearby employers include:

• Forest River (4.8 miles)

• Thor Motor Coach (7.8 miles)

• Bennington Pontoon Boats (9.5 miles)

• Keystone RV (17.5 miles)

• NIBCO Incorporated (5.6 miles)

• Elkhart Brass Manufacturing (3.6 miles)

The Hotel also benefits from proximity to University of Notre Dame (16.4 miles; 12,000+ enrollment) and five additional colleges, driving year-round visitation and event-based compression demand.

Diverse Leisure Demand Generators

Leisure attractions supporting occupancy include:

• RV/MH Hall of Fame & Museum

• Elkhart County 4-H Fair (200,000+ annual attendees)

• Ruthmere Campus & Midwest Museum of American Art

• Amish tourism destinations including The Barns in Nappanee

• Blue Gate Theatre (1,500-seat venue)

Economic Growth & Development

Elkhart continues to experience meaningful investment and expansion, including:

• $7.3 million Indiana Toll Road entrance revitalization

• Voyant Beauty 20,000 SF manufacturing expansion

• South Main mixed-use development

• Amazon’s new 800,000 SF fulfillment center

Additionally, upper-midscale RevPAR in the South Bend/Elkhart submarket increased 4.1% in 2024, reinforcing positive market fundamentals.

The Holiday Inn Express & Suites Elkhart-South presents investors with an opportunity to acquire a well-maintained, nationally branded hotel demonstrating sustained RevPAR outperformance in a diversified and growing Midwestern market.

For additional information, financials, or to schedule a tour, please contact the listing team.