Daylite Inn | 2820 Cassopolis St
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Daylite Inn 2820 Cassopolis St
120 Room Hotel Elkhart, IN 46514 £2,564,250 (£21,369/Room)
Investment Highlights
- Perfect for an Operating Hotel or a Redevelopment Opportunity
Executive Summary
Located in the heart of Elkhart’s bustling northern retail corridor, this property offers the flexibility of being an operational hotel or being
repurposed for various commercial endeavors. Positioned on a corner lot, it boasts approximately 185 feet of frontage on Cassopolis Street
(SR-19) and 835 feet on Oakwood Avenue, with two existing curb cuts. Comprising three buildings, the front structure features a welcoming
lobby, reception, front desk, breakfast space, and storage areas. The rear two buildings house two floors of exterior corridor hotel rooms,
totaling 120 rooms with 60 in each building. Abundant parking with 142 spaces on-site.
Located right off of the 80/90 Toll Road and State Rd-19 in Elkhart, Indiana. Near the Elkhart Municipal Airport and South Bend International Airport and close to many businesses, restaurants, and entertainment venues.
repurposed for various commercial endeavors. Positioned on a corner lot, it boasts approximately 185 feet of frontage on Cassopolis Street
(SR-19) and 835 feet on Oakwood Avenue, with two existing curb cuts. Comprising three buildings, the front structure features a welcoming
lobby, reception, front desk, breakfast space, and storage areas. The rear two buildings house two floors of exterior corridor hotel rooms,
totaling 120 rooms with 60 in each building. Abundant parking with 142 spaces on-site.
Located right off of the 80/90 Toll Road and State Rd-19 in Elkhart, Indiana. Near the Elkhart Municipal Airport and South Bend International Airport and close to many businesses, restaurants, and entertainment venues.
Property Facts
| Price | £2,564,250 | No. Rooms | 120 |
| Price Per Room | £21,369 | Number of Floors | 2 |
| Sale Type | Investment | Year Built/Renovated | 1974/2004 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 3.42/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.93 AC | Opportunity Zone |
Yes
|
| Building Size | 41,497 SF |
| Price | £2,564,250 |
| Price Per Room | £21,369 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.93 AC |
| Building Size | 41,497 SF |
| No. Rooms | 120 |
| Number of Floors | 2 |
| Year Built/Renovated | 1974/2004 |
| Tenancy | Single |
| Parking Ratio | 3.42/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Amenities
- High Speed Internet Access
- Public Access Wi-Fi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 120 | £48.13 | - |
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PROPERTY TAXES
| Parcel Number | 20-02-20-457-001.000-027 | Improvements Assessment | £346,844 |
| Land Assessment | £693,768 | Total Assessment | £1,040,612 |
PROPERTY TAXES
Parcel Number
20-02-20-457-001.000-027
Land Assessment
£693,768
Improvements Assessment
£346,844
Total Assessment
£1,040,612
zoning
| Zoning Code | B-3 (Service Business District) |
| B-3 (Service Business District) |
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Daylite Inn | 2820 Cassopolis St
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