List Search

2506 Lafayette Rd
Crawfordsville, IN 47933

$11,950,000 USD

Hotel For Sale  •  46,724 SF

Property Details

  • Property Type Hotel
  • Total Building Size 46,724 SF
  • Lot Size 0.84 AC
  • Building Class B
  • Year Built 2008
  • Zoning B-3
0 Transit Score
29 Walk Score

Highlights

11.1% Cap Rate | TTM Generated $3,145,959 in Room Revenue in July 2025
Well-Appointed, Three-Story Interior Corridor, IHG-Branded Hotel | Full PIP Renovation Completed in 2024
Well-Performing Hotel with New 15-Year Franchise License
Ideally Located off of Interstate 74, which Provides Transient Demand for the Hotel
10 Miles to Nucor Steel, the Largest Steel Producer in the U.S. | Nucor in Process of $290M Plant Expansion & Modernization
9 Miles to the New Tempur Sealy Manufacturing Plant | Sealy Building an Adjacent Plant to Manufacture Pillows

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space

Public Transportation

Commuter RailDriveWalkDistance
Crawfordsville Amtrak (Cardinal - Amtrak) 4 min - 2.3 mi
Gordon Allred 909-456-3481 Marcus & Millichap
Gordon Allred 909-456-3481 Marcus & Millichap