3801 East Market Street

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3801 East Market Street

Logansport, IN 46947
Asking Price
$2.85M
Cap Rate
8.34%
Asset Type
Hospitality
Class
Class B

What's Special

Hospitality | 40 Keys <p>Outstanding Opportunity for Owner Operator or Investor</p><p>Renovated 2025</p><p>Consistent Business Income</p><p>Two Story Interior Corridor</p><p>Forty (40) Guestrooms with Manager's Family Apartment</p><p>Profitable Business Operation</p><p>Efficient Low Operating Expenses (No Pool, No Elevator, Lower Property Taxes)</p><p>Large Vehicle Parking</p>

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NOI
$80,000
Cap Rate
2.81%
DSCR
0.47
Underwater
Cash-on-Cash
-10.43%
Monthly Payment
$14,100.245
Annual Cash Flow
$-89,202.94

Location & Travel Times