Technical
Financial
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Property profile

2001 Us-35 Knox, IN

OFF-MARKET
Commercial real estate
2.05 ac lot Built 1998
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Property summary

AI-generated overview

This exceptional three-story, 57-key hotel presents a compelling investment opportunity in Knox, Indiana. Situated on a generous 2.05-acre lot along US Highway 35, this independently owned property benefits from high visibility and convenient access to local amenities, including nearby restaurants and retail establishments. The hotel boasts a range of attractive features designed to enhance guest comfort and experience, including an indoor pool, multiple meeting rooms, a convenient elevator, and modern electronic key card locks throughout. All interior corridors are easily accessible. Recent significant improvements have been made, including a new roof and gutters, a fresh coat of paint throughout, and the installation of new furniture and televisions in all guest rooms. This translates to reduced maintenance costs and immediate operational efficiency for the new owner. The property's blend of affordability and comfort makes it appealing to a broad range of travelers, from short-term visitors to those seeking extended stays. This presents a unique chance to acquire a well-maintained hospitality asset with significant upside potential in a desirable location. The property's existing infrastructure and recent upgrades provide a solid foundation for continued success and potential future expansion or rebranding. This is a rare opportunity to own a thriving business in a growing market. Schedule a viewing today.

Property profile

Verified
Property type Commercial real estate
Year built 1998
Lot 2.05 ac (89,298 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2001 Us-35 Knox, IN
Knox metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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