5088 Indiana Beach RdMonticello, IN 47960

Exceptional opportunity to acquire Alexander's Landing, a thriving nine-unit lakefront resort hotel situated on 0.23 acres at 5088 E Indiana Beach Road, Monticello, Indiana. This established property enjoys a prime location steps from Indiana Beach Amusement Park and offers stunning views of Lake Shafer. The 3,376 square foot hotel boasts a stellar reputation, evidenced by its 4.5-star Google rating and numerous awards, and consistently delivers strong financial performance. Currently generating a Net Operating Income (NOI) of $165,925, resulting in an attractive capitalization rate of 12.77%, this turnkey operation provides immediate cash flow. The nine units comfortably accommodate up to 56 guests, making it ideal for families, groups, and corporate events. Amenities include a two-story deck with lake views and convenient boat docking. Each well-appointed unit features kitchen facilities and spacious living areas, ensuring a comfortable stay for all guests. This is a rare chance to own a successful hospitality business in a highly desirable waterfront location. A comprehensive offering memorandum is available.