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Monticello, IN Hotels for Sale

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10-Unit Lakefront Hospitality Cottage Portfolio
Updated: Aug 18
10-Unit Lakefront Hospitality Cottage Portfolio

4958 E INDIANA BEACH RD, Monticello, IN 47960

Contact for pricing
4,000 sqft
10 detached, two‑story cottages configured as 2‑bedroom, 1‑bath units
Built in 2025 with updated guest accommodations
Renovated interiors feature LVP flooring, shaker‑style cabinetry, and stainless steel appliances
Each cottage includes a private covered balcony or patio
Across from the Indiana Beach boardwalk and near private docks on Lake Shafer
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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 Active listings in Monticello, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Renovated 65-Room Hotel with Indoor Pool
Renovated 65-Room Hotel with Indoor Pool

2235 173rd Place, Lansing, IL 60438

Contact for pricing
56,192 sqft 1.29 AC lot

Renovated 1996 hotel with indoor pool, covered entry, and ample parking—well suited for hospitality operators.

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Branded Hotel with Updated Interiors
Branded Hotel with Updated Interiors

2255 173rd Street, Lansing, IL 60438

Contact for pricing
48,352 sqft 1.11 AC lot

A 4-story Sleep Inn offering 69 rooms on a B-2 zoned site, renovated in 2014.

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Marriott-Branded Extended-Stay Hotel
Marriott-Branded Extended-Stay Hotel

9765 Crosspoint Boulevard, Indianapolis, IN 46256

Contact for pricing
55,526 sqft

Extended-stay hotel with renovations underway and a scheduled Property Improvement Plan completion in 2026.

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120-Room Hotel with Pool
120-Room Hotel with Pool

9347 Delegates Row, Indianapolis, IN 46240

Contact for pricing

Renovated hotel with a seasonal outdoor pool, elevator, and a mix of exterior- and interior-corridor guest access.

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Off-Market Properties in Monticello, IN

Consider similar Off-Market properties in Monticello, 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.

5088 Indiana Beach Rd
Hotels

5088 Indiana Beach Rd, Monticello, IN 47960

Estimated value:
by Request
View details
1969 Shafer Dr
HOTEL/MOTEL

1969 Shafer Dr, Monticello, IN 47960-1579

Estimated value:
$225,000
17,872 sqft 7.57 AC lot
View details
4983 Indiana Bch Rd
HOTEL/MOTEL

4983 Indiana Bch Rd, Monticello, IN 47960-1268

Estimated value:
$195,000
5,360 sqft 0.30 AC lot
View details
4983 Indiana Bch Rd
HOTEL/MOTEL

4983 Indiana Bch Rd, Monticello, IN 47960-1268

Estimated value:
$220,000
725 sqft 0.41 AC lot
View details
5029 Indiana Bch Rd
HOTEL/MOTEL

5029 Indiana Bch Rd, Monticello, IN 47960-1266

Estimated value:
$220,000
1,584 sqft 0.39 AC lot
View details
4925 Indiana Bch Rd
HOTEL/MOTEL

4925 Indiana Bch Rd, Monticello, IN 47960-1268

Estimated value:
$160,000
3,432 sqft 0.23 AC lot
View details
4983 Indiana Bch Rd
HOTEL/MOTEL

4983 Indiana Bch Rd, Monticello, IN 47960-1268

Estimated value:
$220,000
2,466 sqft 0.40 AC lot
View details
5057 Indiana Bch Rd
HOTEL/MOTEL

5057 Indiana Bch Rd, Monticello, IN 47960-1266

Estimated value:
$220,000
4,560 sqft 0.22 AC lot
View details
1273 Broadway St
HOTEL/MOTEL

1273 Broadway St, Monticello, IN 47960-1880

Estimated value:
$225,000
8,874 sqft 1.65 AC lot
View details
304 6th St
HOTEL/MOTEL

304 6th St, Monticello, IN 47960-8174

Estimated value:
$520,000
33,291 sqft 5.56 AC lot
View details
12926th N 1225th W
HOTEL/MOTEL

12926th N 1225th W, Monticello, IN 47960-4739

Estimated value:
$255,000
1,278 sqft 0.26 AC lot
View details

Monticello, IN Hotels Market Trends and Statistics

Explore 12 hotels for sale in Monticello, IN on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 2
Resorts 1

Demographics Overview

Population 15K
Population Growth (5Y) +5.2%
Median Household Income $61,087
College Educated 24.1%

Taxes & Financing

Tax Rate (average for all types) 1.66%
Property Tax per SF $33.92 per SF
Tax Rate vs County Average 0.25 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in White County

New Delisted

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