404 Northpointe Blvd Elkhart, IN 46514

This exceptional 62-room hotel presents a compelling investment opportunity in Elkhart, Indiana. Situated on a 1.66-acre lot at 404 Northpointe Blvd, this three-story property boasts 43,726 square feet and offers significant upside potential. Built in 1999 and renovated in 2017, the hotel features 62 keys and currently maintains a 45.11% occupancy rate. The property benefits from a convenient location, just a five-minute drive from Elkhart Municipal Airport and within close proximity to numerous dining establishments including Cracker Barrel, Olive Garden, Buffalo Wild Wings, and Texas Roadhouse. Elkhart's robust economy, driven by major employers such as Heartland RV, Elkhart General Hospital, and Thor Motor Coach, along with nearby attractions like the University of Notre Dame and South Bend International Airport, ensures a consistent stream of potential guests. The hotel's three-year average annual room revenue exceeds $1.1 million, demonstrating its strong financial performance. The substantial lot size presents an opportunity for expansion and the creation of additional revenue streams. The property is zoned for commercial use and features ample free parking. This well-maintained hotel offers a rare chance to acquire a profitable asset in a thriving market. The asking price is $4,000,000. The property's APN is 34406006, 34406026.