5400 Weston Rd, Evansville, IN 47712-3700

This 110-key Fairfield Inn & Suites hotel in Evansville, Indiana, presents a compelling investment opportunity. Boasting a 9.05% cap rate and a Net Operating Income (NOI) of approximately $979,415, this property offers significant returns. The hotel underwent a complete renovation in 2022 and benefits from a long-term Marriott license extending through 2037. With over $3,000,000 in trailing 12-month room revenue and a current occupancy rate of 66%, this asset demonstrates strong performance. Strategically located on Weston Road near major retail centers including Lowe's, Home Depot, and Walmart, and within five minutes of the University of Southern Indiana (10,000+ students), the hotel enjoys a prime location with diverse demand drivers. Additional nearby attractions include the Ford Center, Bally's Casino, and several other universities and prominent corporations such as Toyota Motor Manufacturing and Berry Global. The property's strong brand recognition, recent renovation, and favorable market position make it an attractive investment for owner-users seeking a turnkey hospitality asset in a thriving Indiana market. The asking price is $10,828,000. Built in 1995, this hotel is situated at 5400 Weston Rd, Evansville, IN 47712.