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Hotel For Sale • 54,350 SF
| Fee-simple interest in the 78-room Residence Inn Merrillville, IN offered at a fraction of replacement cost. |
| Property Tours February 6th & 7th by appointment only. Property offered for sale in the February 22nd Ten-X auction event. |
| Upscale, premium branded extended stay asset in a top-three MSA with T12 +$100 RevPAR and strong in-place yield for prospective investors. |
| Offered unencumbered by debt and management with the upside potential in buyer taking over management. |
| Ability to retain the Marriott flag upon completion of the PIP. |
| Situated along Interstate-65 and US 30 in Greater Chicagoland with upwards of 170,000 vehicles passing the location daily. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Chicago Midway International | 63 min | - | 41.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 102 |
| Type: | Surface |
| Included in Rent: | Yes |
