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31666708
31666706

3801 East Market Street, Logansport, IN 46947

MF
IN RB 14014919, FL BK3006313
Fuller Real Estate
Listed by Fuller Real Estate
$2,850,000
56 days on market
Updated 13 days ago

Super 8 by Wyndham

Details
Property Type Hospitality
Square Footage 18,982
Keys 40
Cap Rate 8.34%
NOI $237,807
Pro-Forma Cap Rate 11.85%
Pro-Forma NOI $337,807
Price per SqFt $150
Year Built 1985
Year Renovated 2025
Buildings 1
Stories 2
Acreage 2.460
Zoning Commercial
Investment Type Owner/User
Ground Lease No
Ownership Fee Simple

Hospitality | 40 Keys

Marketing description

Super 8 by Wyndham Logansport at 3801 E. Market Street, Logansport, Indiana 46947 offers a compelling opportunity to acquire a branded, limited-service hotel in a strong regional location with easy access to State Highways 24, 31, and 35. This 40-room property sits on approximately 2.46 acres and includes a manager’s apartment, spacious lobby with electric fireplace, upgraded breakfast bar, blacktop parking, and valuable semi-truck parking.

Serving commercial travelers, family guests, and CLC demand, the hotel benefits from excellent visibility and proximity to restaurants, retail, and local attractions including Dykeman Park Golf Course, the Cass County Dentzel Carousel, France Park, and downtown Logansport. The surrounding market is supported by a stable economic base with major employers such as Tyson Fresh Meats, Logansport Memorial Hospital, and Walmart Supercenter.

Recent improvements include newer roof, case goods, bathroom tile, shower tile, TVs, carpet, RFID locks, and guestroom doors. The property reported 2025 gross sales of $615,941 with 60.42% occupancy and is offered fee simple, unencumbered by debt and management. A recognized Wyndham brand affiliation further enhances this investment’s long-term appeal.

Investment highlights

Outstanding Opportunity for Owner Operator or Investor

Renovated 2025

Consistent Business Income

Two Story Interior Corridor

Forty (40) Guestrooms with Manager's Family Apartment

Profitable Business Operation

Efficient Low Operating Expenses (No Pool, No Elevator, Lower Property Taxes)

Large Vehicle Parking

Listing Contacts

MF
IN RB 14014919, FL BK3006313
Fuller Real Estate
Listed by Fuller Real Estate

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$237,807.00
$19,817.25/mo

Valuation Metrics

0
DSCR
8.34%
Cap Rate
8.34%
ROI

Map

Zoning

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B3 PlannedPlanned Business District
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View all 220 uses
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Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Mark Fuller
License
RB 14014919
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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