4201 N Highway 41 Evansville, IN 47711

This 102-unit motel has undergone recent renovations, including exterior painting and new landscaping. Nearly all rooms have been updated with new paint, flooring, and finishes to align with the branding standards of several major economy hotel franchises, offering flexibility for future rebranding. Heating and cooling are managed by PTAC units, most of which have been replaced within the last five years. Constructed with masonry block walls, typical of its era, the property features uniformly sized rooms with single or double bed configurations. Nine units have been converted into a master apartment. The property includes a small on-site office and laundry facilities. A 60'x20' building designed for self-storage is located on the north end of the property and is currently used for business storage, presenting a potential source of additional rental income. The motel is strategically located near the regional airport along a major highway on the north side of Evansville, IN. The area has seen substantial redevelopment over the past 24 months, including a mixed-use shopping center with a newly opened restaurant, fitness club, and indoor shooting range directly to the south. The former Clarion Inn at the Lynch Road intersection is undergoing extensive renovation into residential apartments.