911 In-46 Nashville, IN 47448
- Hospitality properties
- 33,433 SF
- 5.12 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 911 In-46
- Year built
- 1980
- Lot size
- 5.12 lot acres
- Property size
- 33,433 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This exceptional 33,433 sq ft boutique hotel and retreat in Nashville, Indiana, presents a unique investment opportunity. Boasting 14 keys across three parcels (including a separate cabin and vacant lot), this single-story, 1980-built property sits on a 5.115-acre lot (APN: 07-06-25-300-152.000-004) and is zoned for General Business use. Currently generating income from weddings/elopements, receptions, and Airbnb rentals, the property offers three distinct revenue streams. Modern upgrades throughout enhance its appeal, and the Bluetooth room access system facilitates efficient off-site management. The property's location offers proximity to Bloomington, a significant advantage for attracting guests. The vacant lot provides potential for expansion, and the upper level offers the possibility of creating an owner's suite. This turnkey operation is priced at $1,900,000 and represents a compelling opportunity for investors seeking a profitable hospitality venture in a desirable location. The property includes 15 total rooms across the three parcels.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Brown
- State
- Indiana
- Longitude
- -86.2572
- Latitude
- 39.1857
