Description
Spectacular Investment! Fully operated 113 room Motel with substantial capital improvements. Each room offers full kitchenettes, with king, queen or double size beds and ceramic flooring. Also available 5-bedroom suites and 1 deluxe owner suite. Lobby offers beautiful marble flooring upgraded in 2020. Fire Stone roof with 20-year warranty. New asphalt parking lot. New efficiency hot water boiler. Occupancy rate is 80-85%. Weekly, 2-day and daily rates available. Motel is in high traffic area near intersection US-20 and US-12. Easy drive to Down Town Chicago, Indiana Dunes National Park, I-65, I-90 and I-80/94 access. Walking distance to Miller Beach. Close to restaurants, retail stores and much more. Commute made easy with the new South Shore Double Track railway under construction. Consider options: Condo Conversions, Senior Living, Market Rate Apartment Housing. Don't let this opportunity pass you by.
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0BEDS
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1.88ACRES
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0BATHS
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01/2 BATHS
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39,791SQFT
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$142$/SQFT
School Ratings & Info
Description
Spectacular Investment! Fully operated 113 room Motel with substantial capital improvements. Each room offers full kitchenettes, with king, queen or double size beds and ceramic flooring. Also available 5-bedroom suites and 1 deluxe owner suite. Lobby offers beautiful marble flooring upgraded in 2020. Fire Stone roof with 20-year warranty. New asphalt parking lot. New efficiency hot water boiler. Occupancy rate is 80-85%. Weekly, 2-day and daily rates available. Motel is in high traffic area near intersection US-20 and US-12. Easy drive to Down Town Chicago, Indiana Dunes National Park, I-65, I-90 and I-80/94 access. Walking distance to Miller Beach. Close to restaurants, retail stores and much more. Commute made easy with the new South Shore Double Track railway under construction. Consider options: Condo Conversions, Senior Living, Market Rate Apartment Housing. Don't let this opportunity pass you by.
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