Modern Hotel Near Crane
7834 Progress Way Newberry, IN 47449
7834 Progress Way, Newberry, IN, 47449
$6,500,000
For Sale
$6,500,000
LAND - Newberry, IN
Lot Size6.10 Acres
Days on Market448
Property Features for 7834 Progress Way
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 28-13-36-000-015.010-019
- Lot size
- 6.10 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- PROGRESS POINTE SUBDIVISION, PHASE 2 LT # 10
- Tax Annual Amount
- 32209
Listing agency
Brooks Galloway Real Estate
(812) 936-7301
Listed by
Brooks Galloway · License #RB14010961
(812) 521-7301
Added: Apr 30, 2025 Updated: Jul 6 at 3:25PM Checked: Jul 21 at 11:06AM
MLS# 202515172
Copyright © 2026 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This modern 72-room hotel, comprised of 29 Main Stay Suites and 43 Sleep Inn rooms, opened in late 2019. The property features a contemporary design with state-of-the-art amenities, emphasizing guest comfort and operational efficiency. Situated near Interstate 69 and the expanding Crane Naval Base and Crane West Gate, the hotel benefits from a strategic location that supports consistent occupancy. According to the current ownership, the property also accommodates overflow from events at Indiana University in Bloomington. The hotel is located on a 6.1-acre lot in Newberry, Greene County, Indiana, and serves Crane Naval Base and the communities of Bloomfield, Loogootee, and Linton. No other modern mid-market Hotels are located within 30 minutes. The property is a commercial real estate and hospitality property.
Key Highlights
- Modern hotel built in late 2019
- 72 rooms: 29 Main Stay Suites & 43 Sleep Inn
- Strategic location near Interstate 69 and the expanding Crane Naval Base/Crane West Gate
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hotels
FAQs
What type of property is this?
Hotel - 72-room hotel near Interstate 69 and Crane Naval Base.
Where is this hotel located?
The property is located at 7834 Progress Way Newberry, IN.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Modern hotel built in late 2019; 72 rooms: 29 Main Stay Suites & 43 Sleep Inn; Strategic location near Interstate 69 and the expanding Crane Naval Base/Crane West Gate
