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4983 E Indiana Beach Rd
Monticello, IN 47960

$4,500,000 USD

Hospitality For Sale • 50,727 SF

Property Details

Property Type Hospitality
Total Building Size 50,727 SF
Lot Size 3.11 AC
Building Class B
Year Built 1925
Zoning B-2

0 Transit Score

12 Walk Score

                
                    Highlights
                
                                55 total units in a waterfront setting
                            
                                80% current occupancy with lease-up upside
                            
                                38 newly constructed units - 17 fully renovated units
                            
                                Ability to operate as traditional multifamily or short-term rental
                            
                                Heavy two-bedroom unit mix
                            
                                Minimal near-term capital expenditure requirements

Property Flyers

4983 East Indiana Beach Road, Monticello, Indiana-compressed (3) (1)

Amenities

Balcony
High Speed Internet Access
Patio
Marina
Public Access Wifi
Smoke-Free
Fully-Equipped Kitchen
Multi-Room Suites

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Lane Moser 260-615-9248 Ellsbury Commercial Group

4983 E Indiana Beach Rd Monticello, IN 47960