Three-Story Comfort Suites
For Sale
Contact for pricing
27838 Co Rd 24, Elkhart, IN 46517
53-room Comfort Suites offers an indoor heated pool, whirlpool, and 1,000 square feet of meeting space.
Property SizeContact for details
Days on Market120
Property Features for 27838 Co Rd 24
General Information
Standard status
Active
Property subtype
Hospitality
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Stories
3
Listing Agency:
Marcus & Millichap - Chicago Oak Brook
(972) 755-5302
Listed By:
Michael Klar · License #MI 6501402890
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 4:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Oak Brook
Investment Insights
Based on property information with market context.
Comfort Suites South Elkhart is a three-story, 53-room hotel branded by Choice Hotels International, offered for sale by Marcus & Millichap’s National Hospitality Division. The property includes an indoor heated pool and whirlpool, an exercise room, a business center, laundry facilities, and 1,000 square feet of meeting/event space. Guest rooms feature flat-screen televisions, refrigerators, microwaves, work desks, and iron/ironing boards.
The hotel is located at 27838 Country Road 24, just off Interstate 20 and Highway 19. Elkhart is in Elkhart County and is approximately 15 miles east of South Bend, 110 miles east of Chicago, and 150 miles north of Indianapolis.
In 2021, the limited-service hotel recorded room revenues of over $1.06 million and generated net operating income above $296.7 thousand, representing 27.39% as a percentage of total revenues after a four percent capital replacement reserve.
The hotel is located at 27838 Country Road 24, just off Interstate 20 and Highway 19. Elkhart is in Elkhart County and is approximately 15 miles east of South Bend, 110 miles east of Chicago, and 150 miles north of Indianapolis.
In 2021, the limited-service hotel recorded room revenues of over $1.06 million and generated net operating income above $296.7 thousand, representing 27.39% as a percentage of total revenues after a four percent capital replacement reserve.
Key Highlights
- Choice Hotels International–branded Comfort Suites South Elkhart is a three‑story, 53‑room hotel at 27838 Country Road 24
- Indoor heated pool and whirlpool, plus an exercise room and business center
- 1,000 sq ft of meeting/event space and on‑site laundry facilities
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Demographics for 46517, IN
24,006
Population
9,915
Households
2.4
Avg Household Size
36
Median Age
15%
College-Educated
81%
High-School Grad
36.9 sq mi
ZIP Area
651
Density / Sq Mi
$53,263
Median Household Income
$34,649
Median Earnings
$942
Median Rent
$168,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - 53-room Comfort Suites offers an indoor heated pool, whirlpool, and 1,000 square feet of meeting space.
Where is this hotel located?
The property is located at 27838 Co Rd 24 Elkhart, IN.
What are key features of this property?
This property features: Choice Hotels International–branded Comfort Suites South Elkhart is a three‑story, 53‑room hotel at 27838 Country Road 24; Indoor heated pool and whirlpool, plus an exercise room and business center; 1,000 sq ft of meeting/event space and on‑site laundry facilities
