Baymont Inn & Suites
For Sale
$3,400,000
2881 E Dupont Rd, Fort Wayne, IN 46845
Two-floor hospitality property with guest suites, indoor recreation, fitness amenities, and complimentary breakfast service.
Property Size29,740 SF
Price / SF$114.32
Days on Market88
Property Features for 2881 E Dupont Rd
General Information
Standard status
Active
Size
29,740 SF
Additional Details
Highway Access
Yes
Amenities
fitness center
breakfast room
indoor swimming pool
sauna room
complimentary Wi-Fi
business center
laundry facilities
refrigerators
microwaves
complimentary breakfast
gymnasium
Building Details
Year Built
2003
Stories
2
Listing Agency:
Blue Flag Realty Inc
Listed By:
Jagmohan Singh, Jesse Jasvir Singh · License #RB22001424
(317) 499-1516
Source:
Megandusing
Added: Jul 21
Changed: Sep 14
Last Checked: Oct 15 at 1:04AM
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 Blue Flag Realty Inc
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Investment Insights
Based on property information with market context.
Baymont Inn & Suites Fort Wayne is a two-floor hotel with 60 sleeping rooms, including 8 suites. Guest-oriented improvements include an indoor swimming pool, sauna room, fitness center, breakfast room, business center, and laundry facilities. Guest rooms include refrigerators and microwaves, while complimentary Wi-Fi is available throughout the property. The hotel was built in 2003.
Located at 2881 E Dupont Rd in Fort Wayne, the property sits at the intersection of I-69 and I-469. The Allen County War Memorial Coliseum, Spiece Fieldhouse, Grand Wayne Convention Center, Fort Wayne Children’s Zoo, and Science Central are identified in the surrounding area. The property also includes an indoor pool, gymnasium, and complimentary breakfast amenities.
Located at 2881 E Dupont Rd in Fort Wayne, the property sits at the intersection of I-69 and I-469. The Allen County War Memorial Coliseum, Spiece Fieldhouse, Grand Wayne Convention Center, Fort Wayne Children’s Zoo, and Science Central are identified in the surrounding area. The property also includes an indoor pool, gymnasium, and complimentary breakfast amenities.
Key Highlights
- 60 sleeping rooms across a two‑floor hotel
- 8 suites included in the room count
- Indoor swimming pool and sauna room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$149,176
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,983,520
$3.0M
Cap Rate 7%
$2,131,086
$2.1M
Cap Rate 9%
$1,657,511
$1.7M
Market Conditions
NOI Build-Up for 29,740 SF
Gross rent
$356.9K $12.00/SF
− Vacancy
−$42.8K −$1.44/SF
EGI
$314.1K $10.56/SF
− OpEx
−$164.9K −$5.54/SF
NOI
$149.2K $5.02/SF
Area
Fort Wayne, IN
Vacancy
12.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,983,520
Cap Rate 7%
$2,131,086
Cap Rate 9%
$1,657,511
Alternative Uses
Best Use
Hotel Hospitality
$2.13M
$1.86M – $2.49M
NOI $149,176 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$24.84M
$21.74M – $28.98M
NOI $1,739,094 @ 7.0% cap · market cap 51.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,099
Businesses Nearby
Explore this area
Business Placement
Demographics for 46845, IN
28,380
Population
10,709
Households
2.7
Avg Household Size
39
Median Age
53%
College-Educated
98%
High-School Grad
22.9 sq mi
ZIP Area
1,239
Density / Sq Mi
$115,690
Median Household Income
$59,690
Median Earnings
$1,398
Median Rent
$314,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Hotel - Two-floor hospitality property with guest suites, indoor recreation, fitness amenities, and complimentary breakfast service.
Where is this hotel located?
The property is located at 2881 E Dupont Rd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 60 sleeping rooms across a two‑floor hotel; 8 suites included in the room count; Indoor swimming pool and sauna room
