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  • 44 Units
  • Excellent Location off of I-70 and I-40
  • Franchise Opportunity - Former Knights Inn
  • Priced to Sell at 10% Cap Rate
  • Ideal for Owner Operator with Manager's Quarters

The 44-unit Former Knights Inn in Richmond, Indiana is being offered at 3.8x Room Revenue. This exterior corridor property is great for an owner/operator with on-site manager's quarters and is currently operating as the independent Richmond Inn & Suites, a perfect opportunity to benefit from re-branding. Richmond is just 35 miles from Dayton International Airport and the hotel has easy access to Interstate 70.

In cooperation with Huff, Niehaus and Associates.

A letter from our president:



Steve Post, President of Amber Hotel Company

Whether you are a buyer looking for an investment opportunity, or a seller recognizing that we can maximize your property's value, Amber can help. Our dedicated team of experts can assist in every step of a real estate transaction. For details on how we can help, please visit the Our Services or the Contact Us pages.

Amber's management team consists of 15 professionals helping to provide the best Advise, Valuation, and Brokerage services.

Please don't hesitate to call if we can assist in any way

About Amber Hotel Company

Amber Hotel Company is one of the largest hospitality companies in the U.S. providing advice, valuations, receivership, management and brokerage services. Our team of skilled professionals takes pride in the ability to offer unparalleled expertise and attention to detail in each client representation. With over two hundred years of hospitality experience, over 1,000 client representations, and more than $1 billion in transactions, Amber Hotel Company's management team is the trusted ally for nationwide hospitality services. Amber's professional and experienced team sets the benchmark for the hospitality industry. For further information on how Amber may assist your needs, please visit the Our Services page, or contact us by email using the Contact Us page, or call us at 818-851-3300.

Our Clients Are Saying ...

“I wanted to thank Amber for all their efforts in enabling us to successfully purchase our newest hotel. They were very organized and professional. As a client, I always felt that I was their number one priority. I recommend Amber without hesitation and hope to work with them again. ” — Dan Patel


 

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