75 INDIANA ST, Jasper, IN 47546
For sale Super 8 by Wyndham in Jasper featuring 56 keys, an outdoor pool, and 400 sq ft of meeting/event space.
- Added:
- Jun 8, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 20 at 8:20 am
Property Features for 75 INDIANA ST
General Information
- Standard status
- Active
- Size
- 19,535 SF
- Lot size
- 1.14 Acres
- Property subtype
- Hospitality
Building Details
- Year Built
- 1994
Listing agent Suresh Patel License #12345
Listing office Moon Realty USA
Listing date Jun 8, 2026
Source Crexi
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 Moon Realty USA
HighLights
- 56‑key, three‑story interior corridor Super 8 by Wyndham in Jasper built in 1994 on 1.14 acres
- Outdoor pool plus 400 SF meeting/event space and a business center
- High‑speed internet and 89 surface parking spaces (1.59 per room)
- 2025 performance turnaround: room revenue up 26.0% YoY to $701,139
- Occupancy rose 7.33 percentage points to 42.25% in 2025; ADR up 4.6% to $81.29
- 2025 competitive results include RevPAR Index (RGI) of 219.7, MPI of 158.0, and ARI of 139.1
Overview
Located in Jasper, Indiana, the hotel is positioned for convenient access and visibility along US 231, the primary north-south corridor serving Dubois County and the broader region. The demand base is described as diversified, supported by major manufacturing employers including Kimball International, MasterBrand Cabinets, and Jasper Engines & Transmissions, along with institutional demand from Deaconess Memorial Medical Center and the Vincennes University Jasper campus.
In 2025, the property delivered an operational turnaround, with room revenue increasing 26.0% year-over-year to $701,139. Improvements were supported by a 7.33 percentage point rise in occupancy to 42.25% and a 4.6% increase in ADR to $81.29. The offering notes strong relative performance versus the competitive set, supported by a RevPAR Index (RGI) of 219.7 in 2025 and an expanded demand mix that also includes events and leisure travel tied to Strassenfest and nearby regional attractions.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $293.0k | $15.00 |
| − Vacancy | −$35.2k | −$1.80 |
| EGI | $257.9k | $13.20 |
| − OpEx | −$135.4k | −$6.93 |
| NOI | $122.5k | $6.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jasper
- County
- Dubois
- State
- Indiana
- Longitude
- -86.941275
- Latitude
- 38.387307
