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Red Roof Inn Vincennes 1800 S Old Decker Rd

39 Room Hotel Vincennes, IN 47591 £1,556,320 (£39,906/Room)

Investment Highlights

  • Fully recovered from COVID lows, with REVPAR figures at or above historic highs (25% increase Y/Y from August 2020)
  • Upcoming improvements: Case goods for select room classes; common space flooring and window treatments
  • Property improvements since 2017: Upgraded interiors and exterior; electronics upgrades, parking lot improvements and counters/surfaces upgrades
  • Property amenities include: Wi-Fi, Indoor Pool, Breakfast Café and Business Center

Property Facts

Price £1,556,320
Price Per Room £39,906
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 5.13 AC
Building Size 25,080 SF
No. Rooms 39
Number of Floors 2
Year Built/Renovated 1993/1998
Parking Ratio 1.59/1,000 SF
Corridor Exterior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 39 £71.10 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 42-12-33-100-005.000-023
  • 42-12-33-102-009.000-023
Land Assessment
£167,505
Improvements Assessment
£572,183
Total Assessment
£739,687

zoning

Zoning Code C-2 (commercial)
C-2 (commercial)
  • Listing ID: 24548858

  • Date on Market: 24/11/2021

  • Last Updated:

  • Address: 1800 S Old Decker Rd, Vincennes, IN 47591

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