404 Northpointe Blvd Elkhart, IN 46514-6769
This exceptional investment opportunity presents a 62-room Comfort Suites hotel ideally situated at 404 Northpointe Boulevard, Elkhart, Indiana. Boasting a 1.66-acre lot, this established property offers significant potential for growth and strong returns. Its convenient location provides easy access to Elkhart Municipal Airport, a mere five-minute drive away. The hotel benefits from its proximity to a variety of popular dining establishments including Cracker Barrel, Olive Garden, Buffalo Wild Wings, and Texas Roadhouse, enhancing its appeal to both business and leisure travelers. Elkhart's strategic location, a short 17-mile drive east of South Bend via Interstate 90, places it within reach of major attractions and economic drivers. The city itself is home to a diverse range of businesses and institutions, including Heartland RV, Elkhart General Hospital, and numerous recreational and educational facilities such as the Wellfield Botanic Gardens and the RV/MH Hall of Fame & Museum. The proximity to South Bend International Airport and the University of Notre Dame further strengthens the property's market position and potential for consistent occupancy. This well-established hotel presents a compelling investment opportunity for qualified buyers seeking a proven asset in a thriving market. The asking price is $4,000,000. Property tours are available by appointment only.
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Comfort Suites North Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Elkhart, INElkhart. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.