1800 Old Decker Rd, Vincennes, IN 47591
39 Room Hotel | Vincennes, IN 47591 | $1,970,000 ($50,513/Room)
For Sale
Active
14 pictures
Asking Price $1,970,000
- Property Type
-
Hospitality
- Square Feet
- 25,080 SF
Listing Contacts
Richard Clements
- Property Info
Property Details
- Class
- C
- Year Built/Renovated
- 1993/1998
- Stories
- 2
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 223,463 SF
- Units
- 39
Highlights
- Fully recovered from COVID lows, with REVPAR figures at or above historic highs (25% increase Y/Y from August 2020)
- Property improvements since 2017: Upgraded interiors and exterior; electronics upgrades, parking lot improvements and counters/surfaces upgrades
- Upcoming improvements: Case goods for select room classes; common space flooring and window treatments
- Property amenities include: Wi-Fi, Indoor Pool, Breakfast Café and Business Center
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