6908 S State Road 66

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6908 S State Road 66

Leavenworth, IN 47137
Asking Price
$800K
Asset Type
Hotel Hospitality
Class
Class B

What's Special

Hospitality <ul><li>​Great Interstate Exposure/Visibility</li><li>​Over 5 Acres at the exit with No Zoning</li><li>​Loves & Pilot Truck Stops at exit</li><li>​Older Hotel/Convention Center, partially unfinished</li><li>​Interior and Exterior Room Access</li><li>​Two Kitchen Hood Systems</li><li>​Potential Owner Finance or Exchange</li><li>​Near Jasper Engine Manufacturing</li><li>​Leavenworth exit to Historic Overlook Inn</li><li>​Truck Driving School leases the parking lot for $21,600 per year until Februa

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NOI
$80,000
Cap Rate
10.00%
DSCR
1.68
Strong
Cash-on-Cash
13.54%
Monthly Payment
$3,957.964
Annual Cash Flow
$32,504.438

Location & Travel Times