Waterfront Resort Motel
5057 E Indiana Beach Rd Monticello, IN 47960
For Sale
Contact for pricing
Pending
Waterfront resort motel with 33 units, including quarters, plus an owner home and manager’s suite.
Days on Market104
Property Features for 5057 E Indiana Beach Rd
General Information
- Standard status
- Pending
- Property subtype
- Hospitality
Listing Agency:
Coldwell Banker Commercial NRT Chicago
Listed By:
R Shah · License #IL 475124375
Source:
Crexi
Added: Apr 12
Changed: Jul 22
Last Checked: Jul 22 at 10:32PM
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 Coldwell Banker Commercial NRT Chicago
Investment Insights
Based on property information with market context.
This waterfront resort motel offers 33 units designed across a well-planned layout that may support conversion to an apartment or multifamily use. The property includes daily guest rooms as well as one-bedroom and two-bedroom quarters. The offering also references recent improvements and approval to obtain a flag system.
In addition to the motel units, the property includes a two-story home with four bedrooms and three bathrooms, along with a manager’s quarter featuring two bedrooms and two bathrooms. The resort setting is described as waterfront, with boat slips available for visitors.
The seller notes the asset can be positioned for alternative-use scenarios including behavioral health or student housing conversion, and describes nearby amenities such as grocery stores, restaurants, and retail shopping, along with proximity to an amusement park.
In addition to the motel units, the property includes a two-story home with four bedrooms and three bathrooms, along with a manager’s quarter featuring two bedrooms and two bathrooms. The resort setting is described as waterfront, with boat slips available for visitors.
The seller notes the asset can be positioned for alternative-use scenarios including behavioral health or student housing conversion, and describes nearby amenities such as grocery stores, restaurants, and retail shopping, along with proximity to an amusement park.
Key Highlights
- Waterfront resort motel with 33 units, including daily guest rooms and one- and two‑bedroom quarters
- Includes a 2‑story home with 4 bedrooms and 3 bathrooms for owner living
- On‑site manager’s quarter with 2 bedrooms and 2 bathrooms
Property Analytics
Location Intelligence
Current Use by Public Records
Motels
Similar Off Market Nearby
- Anchor Bay Resort — 2373 Untalulti Dr, Monticello, IN 47960
- Arbor Lights Resort — 5192 E Indiana Beach Rd #1264, Monticello, IN 47960
- Black Dog Inn — 2390 Untalulti Dr, Monticello, IN 47960
- Sharon - Landlord — 2353 untalulti dr, monticello, in 47960
- Bluebird Bay Resort — 4770 E Harbour Ct, Monticello, IN 47960
FAQs
What type of property is this?
Motel - Waterfront resort motel with 33 units, including quarters, plus an owner home and manager’s suite.
Where is this motel located?
The property is located at 5057 E Indiana Beach Rd Monticello, IN.
What are key features of this property?
This property features: Waterfront resort motel with 33 units, including daily guest rooms and one- and two‑bedroom quarters; Includes a 2‑story home with 4 bedrooms and 3 bathrooms for owner living; On‑site manager’s quarter with 2 bedrooms and 2 bathrooms
