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31996460
31996814

3005 John Howell Drive, Valparaiso, IN 46383 For Sale

JM
IN INDIANA | RB14051634
EXP Commercial
Listed by EXP Commercial
$4,000,000
83 days on market
Updated 41 days ago

Super 8 by Wyndham Valparaiso

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 25,519
Keys 58
Occupancy 69.5%
Tenancy Single
Class D
Year Built 1997
Year Renovated 2025
Stories 2
Acreage 2.180
Investment Type Stabilized

Hospitality | 58 Keys | $68,966/key

Marketing description

eXp Commercial is pleased to exclusively present for sale the Super 8 by Wyndham Valparaiso (the "Property"), a 58-key economy-class hotel strategically positioned along the US-30 corridor in Valparaiso, Indiana. The Property offers a new owner the combination of a Wyndham-flagged asset with a six-year record of stabilized top-line performance, meaningful competitive outperformance against its comp set, and demonstrable 2026 momentum — all offered at less than $69,000 per key, a substantial discount to replacement cost.

The Property has generated over $1.0 million in annual hotel revenue in five of the last six years, with 2023 reaching a high of $1.15 million. Trailing-twelve-month hotel revenue through March 2026 is $1.12 million, with TTM occupancy of 69.5% — 430 bps above the 2025 full-year average.

The Property has also consistently outperformed its competitive set across all three STR KPIs — Occupancy, ADR, and RevPAR — producing a R12M RevPAR Index of 176.3, a 76% premium to comp. Q1 2026 rentable-room occupancy of 74.2% (vs. 56.6% in Q1 2025) marks a +1,760 bps YoY gain.

Investment highlights

  • Stabilized Wyndham-Flagged Asset - Six-year record of consistent top-line performance with 2023 reaching a high of $1.15 million in hotel revenue; TTM through March 2026 of $1.12 million. Built in 1997.
  • Recent Guestroom Refresh - Guestrooms have been updated since the photos shown in this Offering Memorandum, positioning the Property well on interior condition and reducing near-term CapEx exposure for a new owner.
  • Significantly Outperforming the Comp Set - R12M STR indexes of 130.9 MPI, ~134.7 ARI, and 176.3 RGI — property RevPAR of $45.41 vs. comp set $25.76, a 76% premium to the competitive set.
  • Accelerating 2026 Momentum - Q1 2026 rentable-room occupancy of 74.2% vs. 56.6% in Q1 2025 (+1,760 bps); TTM occupancy of 69.5% — 430 bps above the 2025 full-year average.
  • Diversified, Year-Round Demand Base - Anchored by Valparaiso University, Northwest Health—Porter (271 beds), Indiana Dunes tourism, and Chicago MSA overflow; positioned on US-30 directly adjacent to Meijer.
  • Offered Well Below Replacement Cost - At $68,966 per key, the Property is offered at a material discount to new-build economy hotel replacement cost — providing a meaningful margin of safety to the buyer.

Listing Contacts

JM
IN INDIANA | RB14051634
EXP Commercial
Listed by EXP Commercial

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Additional Information

Name
John Mathewson
License
INDIANA | RB14051634
Brokerage
Exp Commercial
Brokerage Phone
2197819547
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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