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Indiana

Hotel

Morgan County, IN Hotels for Sale

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Indianapolis, IN Fort Wayne, IN Evansville, IN South Bend, IN Bloomington, IN Muncie, IN Elkhart, IN Gary, IN

Renovated Holiday Inn Express Hotel

Updated: Apr 11

Renovated Holiday Inn Express Hotel

2233 Burton Ln, Martinsville, IN 46151

Contact for pricing

1.82 AC lot

Holiday Inn Express & Suites Martinsville‑Bloomington Area (IHG), 2233 Burton Lane, Martinsville, IN 46151
Three‑story, 66‑room interior‑corridor hotel built in 2005, set on a 1.82‑acre parcel (fee simple, unencumbered by management/debt)
Fully renovated under IHG Formula Blue 2.0 PIP (completed by current ownership from 2020–2022) with rentable rooms
Capital expenditures of $1,670,000 (+/- $25,000 per key) over prior three years, including exterior lighting, common areas, and lobby/meeting space updates
Guest room renovation includes new furniture, carpets, beds/mattresses/linens, lighting, TVs, and window treatments

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 1 Active listings in Morgan County, IN, we suggest exploring several alternatives: similar 28 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

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.

Commercial Land Development Site

Commercial Land Development Site

9377 S STATE ROAD 39, Mooresville, IN 46158

$3,400,000

9.34 AC lot

Commercial land parcel with public sewer service in Mooresville, Indiana.

Commercial Land Near Retail Anchors

Commercial Land Near Retail Anchors

3480 W Runkle Way, Bloomington, IN 47404

$595,000

2.39 AC lot

Commercial parcel near retail, hospitality, and restaurant properties with access to Gates Drive.

Off-Market Properties in Morgan County, IN

Consider similar Off-Market properties in Morgan County, 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.

2233 Burton Ln

HOTEL/MOTEL

2233 Burton Ln, Martinsville, IN 46151-9405

$3,880,000

Estimated value

41,364 sqft 1.82 AC lot

4161 Allison Rd

HOTEL/MOTEL

4161 Allison Rd, Mooresville, IN 46158-1928

$350,000

Estimated value

12,612 sqft 6.16 AC lot

2142 Conservation Clb Ln

HOTEL/MOTEL

2142 Conservation Clb Ln, Morgantown, IN 46160-8340

$270,000

Estimated value

1,728 sqft 39.00 AC lot

269 Washington St

HOTEL/MOTEL

269 Washington St, Morgantown, IN 46160

$190,000

Estimated value

2,623 sqft 0.23 AC lot

2130 State Rd 67

HOTEL/MOTEL

2130 State Rd 67, Paragon, IN 46166

$115,000

Estimated value

4,968 sqft 1.02 AC lot

5 Main St

HOTEL/MOTEL

5 Main St, Mooresville, IN 46158-1403

$265,000

Estimated value

12,600 sqft 0.16 AC lot

100 Hopkins E Trl

HOTEL/MOTEL

100 Hopkins E Trl, Mooresville, IN 46158-2310

$1,040,000

Estimated value

14,936 sqft 1.88 AC lot

2290 Burton Ln

HOTEL/MOTEL

2290 Burton Ln, Martinsville, IN 46151-9286

$265,000

Estimated value

2,016 sqft 4.15 AC lot

50 Bills Blvd

HOTEL/MOTEL

50 Bills Blvd, Martinsville, IN 46151-3353

$415,000

Estimated value

25,816 sqft 1.95 AC lot

602 State Rd 67th N

HOTEL/MOTEL

602 State Rd 67th N, Martinsville, IN 46151-7839

$285,000

Estimated value

8,293 sqft 1.80 AC lot

149 Washington St

HOTEL/MOTEL

149 Washington St, Morgantown, IN 46160

$220,000

Estimated value

6,720 sqft 0.13 AC lot

240 Jefferson St, Unit 1

HOTEL/MOTEL

240 Jefferson St, Martinsville, IN 46151-1184

Unit 1

$225,000

Estimated value

8,259 sqft 0.22 AC lot

55 Bills Blvd

HOTEL/MOTEL

55 Bills Blvd, Martinsville, IN 46151-3354

$1,220,000

Estimated value

23,344 sqft 1.92 AC lot

128 Main St

HOTEL/MOTEL

128 Main St, Martinsville, IN 46151-1595

$250,000

Estimated value

5,148 sqft 0.27 AC lot

100 Un St

HOTEL/MOTEL

100 Un St, Paragon, IN 46166

$155,000

Estimated value

1,386 sqft 0.05 AC lot

Lk Hart

HOTEL/MOTEL

Lk Hart, Mooresville, IN 46158

$460,000

Estimated value

1,600 sqft 0.21 AC lot

Cmns W Dr

HOTEL/MOTEL

Cmns W Dr, Mooresville, IN 46158

$195,000

Estimated value

3,274 sqft 0.92 AC lot

8798 Briarwood Lk W Dr

HOTEL/MOTEL

8798 Briarwood Lk W Dr, Monrovia, IN 46157-9058

$180,000

Estimated value

1,025 sqft 0.75 AC lot

308 Rogers Rd

HOTEL/MOTEL

308 Rogers Rd, Martinsville, IN 46151-3254

$265,000

Estimated value

6,500 sqft 0.60 AC lot

6675 Red Day Rd

HOTEL/MOTEL

6675 Red Day Rd, Martinsville, IN 46151-6632

$255,000

Estimated value

1,800 sqft 40.00 AC lot

2085 Maple Turn Rd

HOTEL/MOTEL

2085 Maple Turn Rd, Martinsville, IN 46151-7424

$305,000

Estimated value

6,096 sqft 4.10 AC lot

1695 Lincoln Hl Rd

HOTEL/MOTEL

1695 Lincoln Hl Rd, Martinsville, IN 46151

$300,000

Estimated value

2,580 sqft 4.87 AC lot

1010 Josephine St

HOTEL/MOTEL

1010 Josephine St, Martinsville, IN 46151-2747

$245,000

Estimated value

7,032 sqft 1.71 AC lot

Morgan County, IN Hotels Market Trends and Statistics

Explore 29 hotels for sale in Morgan County, IN on our real estate platform.

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