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14845 STATE RD 156
FLORENCE, IN 47020-9491
Asking Price
$1.55M
Asset Type
Hospitality
Class
Class B
What's Special
41-Room Hotel Across from Belterra Casino | Turnkey Hospitality Opportunity
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NOI
$80,000
Cap Rate
5.16%
DSCR
0.87
Underwater
Cash-on-Cash
-2.59%
Monthly Payment
$7,668.554
Annual Cash Flow
$-12,022.651