3527 W Coliseum Blvd Fort Wayne, IN 46808

The Hoosier Inn, located in Fort Wayne, Indiana, presents an opportunity to acquire a stabilized, independently operated extended-stay hotel. Constructed in 1973, the property features 118 guest rooms on a 6.37-acre site. The hotel currently operates at approximately 80% occupancy, with seasonal demand driving occupancy levels into the 85%–95% range during peak summer months. Eight rooms are equipped with kitchenettes to support longer stays. Recent interior renovations include new flooring and updated case goods. On-site amenities include a banquet room and a full commercial kitchen. As an independent hotel, the Hoosier Inn offers operational flexibility without franchise constraints, recurring brand fees, or mandatory capital requirements. Fort Wayne is experiencing steady population and economic growth supported by healthcare, manufacturing, logistics, and professional services. The city’s housing and rental market remains competitive, with average apartment rents approaching $1,000 per month for one-bedroom units and exceeding $1,200 for two-bedroom units in many submarkets. The combination of strong occupancy trends, recent capital improvements, a large underlying land parcel, and favorable market fundamentals presents investors with a compelling opportunity to acquire a cash-flowing hospitality asset with clear value-add potential.