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    67-Room Sleep Inn Hotel
    Updated: Aug 28
    67-Room Sleep Inn Hotel

    220 Caravan Drive, Elkhart, IN 46514

    Contact for pricing
    67‑room hotel
    Three‑story limited‑service configuration
    Operating under the Sleep Inn brand
    Located at 220 Caravan Drive, Elkhart, IN 46514
    View details
    See hot listings in Elkhart

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 1 Active listings in Elkhart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 47 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Building
    Historic Mixed-Use Building

    93 W Wall Street, Benton Harbor, MI 49022

    $790,000
    45,750 sqft 0.29 AC lot

    Built in 1921, the substantial structure includes a basement, broadband access, and cable availability.

    View details
    Country Inn & Suites Hotel
    Country Inn & Suites Hotel

    1741 Phoenix St, South Haven, MI 49090

    Contact for pricing
    38,568 sqft 1.90 AC lot

    A three-story lodging property pairs guest accommodations with an indoor pool, fitness center, and parking for RVs and buses.

    View details
    Hilton Garden Inn Hotel
    Hilton Garden Inn Hotel

    1300 CINEMA WAY, Benton Harbor, MI 49022

    Contact for pricing
    73,505 sqft 4.02 AC lot

    106-room Hilton hotel in Southwest Michigan hospitality corridor.

    View details
    Hampton Inn Hotel
    Hampton Inn Hotel

    04299 Cecilia Dr, South Haven, MI 49090

    $8,500,000

    Three-story lodging property situated near Interstate 196 in South Haven, Michigan.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Interstate-Adjacent Commercial Land
    Interstate-Adjacent Commercial Land

    220 W 815 N, Howe, IN 46746

    $1,800,000
    40.21 AC lot

    Commercial land positioned near I-80, I-90, and State Rd 9 with access from 220 W 815 N.

    View details

    Off-Market Properties in Elkhart, IN

    Consider similar Off-Market properties in Elkhart, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    345 Windsor Ave
    HOTEL/MOTEL

    345 Windsor Ave, Elkhart, IN 46514-5520

    Estimated value:
    $1,370,000
    21,060 sqft 1.30 AC lot
    View details
    3326 Cassopolis St
    HOTEL/MOTEL

    3326 Cassopolis St, Elkhart, IN 46514-6740

    Estimated value:
    $1,085,000
    33,086 sqft 1.68 AC lot
    View details
    3254 Cassopolis St
    HOTEL/MOTEL

    3254 Cassopolis St, Elkhart, IN 46514-6713

    Estimated value:
    $3,105,000
    61,604 sqft 2.69 AC lot
    View details
    3214 Main St
    HOTEL/MOTEL

    3214 Main St, Elkhart, IN 46517-2739

    Estimated value:
    $235,000
    4,064 sqft 0.12 AC lot
    View details
    115 Northpointe Blvd
    HOTEL/MOTEL

    115 Northpointe Blvd, Elkhart, IN 46514-6718

    Estimated value:
    $735,000
    21,764 sqft 1.01 AC lot
    View details
    3610 Nappanee St
    HOTEL/MOTEL

    3610 Nappanee St, Elkhart, IN 46517-1087

    Estimated value:
    $700,000
    41,880 sqft 6.39 AC lot
    View details
    3321 Plz Ct
    HOTEL/MOTEL

    3321 Plz Ct, Elkhart, IN 46514-6715

    Estimated value:
    $990,000
    36,554 sqft 1.95 AC lot
    View details
    3010 Brittany Ct
    HOTEL/MOTEL

    3010 Brittany Ct, Elkhart, IN 46514-5552

    Estimated value:
    $1,120,000
    58,002 sqft 3.23 AC lot
    View details
    27838 County Rd 24
    HOTEL/MOTEL

    27838 County Rd 24, Elkhart, IN 46517-9445

    Estimated value:
    $745,000
    38,655 sqft 3.86 AC lot
    View details
    220 Caravan Dr
    HOTEL/MOTEL

    220 Caravan Dr, Elkhart, IN 46514-6768

    Estimated value:
    $1,025,000
    34,818 sqft 2.14 AC lot
    View details
    2001 Sugar Maple Ln
    HOTEL/MOTEL

    2001 Sugar Maple Ln, Elkhart, IN 46514-9502

    Estimated value:
    $330,000
    3,450 sqft 46.12 AC lot
    View details
    2616 Byp Rd
    HOTEL/MOTEL

    2616 Byp Rd, Elkhart, IN 46514-1516

    Estimated value:
    $235,000
    3,299 sqft 1.06 AC lot
    View details
    3250 Northview Dr
    HOTEL/MOTEL

    3250 Northview Dr, Elkhart, IN 46514-6749

    Estimated value:
    $970,000
    35,362 sqft 0.83 AC lot
    View details
    327 Northpointe Blvd
    HOTEL/MOTEL

    327 Northpointe Blvd, Elkhart, IN 46514-6764

    Estimated value:
    $760,000
    31,494 sqft 2.01 AC lot
    View details
    330 Northpointe Blvd
    HOTEL/MOTEL

    330 Northpointe Blvd, Elkhart, IN 46514-6763

    Estimated value:
    $1,750,000
    30,694 sqft 1.71 AC lot
    View details
    1501 Locust St
    HOTEL/MOTEL

    1501 Locust St, Elkhart, IN 46514-2975

    Estimated value:
    $335,000
    4,800 sqft 2.51 AC lot
    View details
    300 Northpointe Blvd
    HOTEL/MOTEL

    300 Northpointe Blvd, Elkhart, IN 46514-6763

    Estimated value:
    $1,880,000
    33,792 sqft 2.15 AC lot
    View details
    220 Jackson Blvd
    HOTEL/MOTEL

    220 Jackson Blvd, Elkhart, IN 46516-3017

    Estimated value:
    $225,000
    6,168 sqft 0.19 AC lot
    View details
    500 Main St
    HOTEL/MOTEL

    500 Main St, Elkhart, IN 46516-3207

    Estimated value:
    $1,220,000
    114,956 sqft 1.37 AC lot
    View details
    3401 Plz Ct
    HOTEL/MOTEL

    3401 Plz Ct, Elkhart, IN 46514-6714

    Estimated value:
    $2,865,000
    58,731 sqft 2.64 AC lot
    View details
    Pleasant Pln
    HOTEL/MOTEL

    Pleasant Pln, Elkhart, IN 46517

    Estimated value:
    $310,000
    4,388 sqft 19.84 AC lot
    View details
    1200 Burr Oak Ct
    HOTEL/MOTEL

    1200 Burr Oak Ct, Elkhart, IN 46517-2809

    Estimated value:
    $255,000
    3,359 sqft 19.65 AC lot
    View details
    3300 Cassopolis St
    HOTEL/MOTEL

    3300 Cassopolis St, Elkhart, IN 46514-6740

    Estimated value:
    $315,000
    8,316 sqft 0.84 AC lot
    View details

    Elkhart, IN Hotels Market Trends and Statistics

    Explore 48 hotels for sale in Elkhart, IN on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 1
    Hotels 1

    Demographics Overview

    Population 99K
    Population Growth (5Y) -0.8%
    Median Household Income $57,378
    College Educated 17.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Property Tax per SF $42.55 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Elkhart County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Elkhart fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    • 46514

    Featured Elkhart Real Estate Agencies

    Realmo connects you with licensed Elkhart CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    One Realty, LLC
    1741 E. Bristol Street Elkhart, IN 46514
    Phone: (574) 849-5886
    www.BHHSNorthernIndianaRealEstate.com
    Myers Trust Real Estate
    23929 US Hwy 33 Elkhart, IN 46517
    Phone: (574) 875-5149
    www.myerstrust.com
    WBBC Corp dba RE/MAX Excellence
    1815 E. Bristol St. Elkhart, IN 46514
    Phone: (574) 262-0770
    www.elkharthomes.com
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