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31134436
31134437

2495 Landmark Ave NE, Corydon, IN 47112 For Sale

AB
OH OH SAL.2015005693
Charles Hart Hospitality
Listed by Charles Hart Hospitality
$3,000,000
130 days on market
Updated 25 days ago

Baymont by Wyndham Corydon

Details
Property Type Hospitality
Sub Type Hotel
Keys 79
Year Built 1990
Buildings 1
Stories 3
Acreage 1.840

Hospitality | 79 Keys

Marketing description

Charles Hart Hospitality Group is proud to present the 79-room Baymont Inn & Suites in historic Corydon, Indiana, the state’s first capital. The hotel is located directly off of I-64 at the intersection of SR-135. The Baymont benefits from several major tourist, industrial, and historic demand generators along with its overflow traffic and proximity to Louisville, Kentucky.

The hotel is currently being remotely operated by an absentee owner with the help of local staff. While Wyndham is offering to extend a new franchise to a new owner this location is in demand for conversion opportunities. This presents a unique opportunity to explore other brands and compare which financial incentives are available to improve performance at the hotel. An investor can benefit from improving operations with hands on ownership in a market with strong historical performance.

WE PROUDLY COLLABORATE WITH OUR INDIANA BROKER OF RECORD PLURIS REALTY LLC ON ALL OF OUR INDIANA LISTINGS.

Investment highlights

  • 79 Rooms

  • Absentee Owned- Huge Upside Through Hands on Management

  • Strong Market With Strong Historical Performance

  • Conversion Opportunities- Market Needs a Strong Midscale/Upper Midscale Hotel

Listing Contacts

AB
OH OH SAL.2015005693
Charles Hart Hospitality
Listed by Charles Hart Hospitality

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