Comfort Inn Kendallville - Kendallville, IN

  • Property Name Comfort Inn Kendallville
  • Asking Price $4,000,000
  • Units 56
  • Location Kendallville, IN

About This Property

  • 56 Rooms
  • Three Story, Interior Corridor Hotel
  • Completely Renovated with Brand New Interior, Exterior, Guest Rooms, Public Areas, Signage, and Property Systems
  • Pro Forma Revenues of $1,455,611 and Net Income of $629,342 in Year 1
  • Opening Date in July 2024
  • Serviced by IN-6 Freeway, a Few Miles from Interstate 69
  • Turnkey Hotel Recently Converted to Comfort Inn via Rise & Shine™ - (City Scheme) after Extensive Renovations
  • Excellent Location, 30 Miles North of Fort Wayne in Northeast Indiana

The Comfort Inn is a 56 unit, 3 story, interior corridor hotel 30 miles North of Fort Wayne, Indiana.

Conveniently located on IN-6 freeway, just a few miles west of Interstate 69, the hotel is a perfect turn-key operation for a new or experienced hotel owner.

The Owner has completed numerous upgrades and improvements to the hotel, including the following:

All rooms have BRAND NEW: carpet, rubber base, threshold, furniture, window treatments, 9000btu PTAC with heat pump, RCA 50" TV, Dandy Refrigerator & Microwave, Serta mattresses, lights fixtures, full size mirrors, phantom coco wooden flat bed frame, electric outlet and faceplates, artwork, wall & ceiling paint, headboard wall wallpaper, RFID locks, security locks, smoke detector. King rooms have new couch. All bathrooms have brand-new floor tile, stone threshold, metal bath tub, tub surround, delta trim kit with new valve & shower head, Gerber toilet, Moen shower rod, vanity, LED mirror, vent fan with LED light, wallpaper on vanity wall, and new paint.

Full renovations also include NEW: emergency lights, exit signs, 2 new automatic doors at entrance, breakfast equipment, furnace behind front desk, hallway carpet and wallpaper, 4MP security camera system, Dish TV central smart box system, Grand stream phone system, Milnor washer, exterior paint, stone wall on front entrance, ground and exterior wall LED lights, block Dumpster enclosure with metal gate, fire panel, Comfort Pole sign with new pole, Comfort building sign, fitness equipment with new flooring, carpet and wallpaper in meeting room, all new breakfast area seating & cabinet counter top, and more.

This agreement (“Agreement”) is between Amber Hotel Company (“Amber”) and the undersigned party (“Buyer”) who is interested in buying investment real estate.

The investment real estate is exclusively listed for sale with Amber. Amber shall provide Buyer with related confidential information, subject to the terms and conditions of this Agreement.

By checking the below box and viewing this property, you agree that:

  1. The related confidential information is provided for the sole purpose of having a Buyer evaluate the purchase of the property for itself or its affiliates. Buyer and its affiliates shall keep the related information confidential, and not reproduce, distribute or disclose such information to third parties, except to the extent third party consultants, lenders, or other agents of Buyer are required, in which case such third parties will be held to the same confidentiality standards as Buyer. Amber shall not be responsible for the accuracy or completeness of the information provided, or for any loss or expense, whether direct or indirect, arising from Buyer’s or Buyer’s affiliate’s use and reliance on the information.
  2. The undersigned principal or any company or entity in which the undersigned principal has controlling interest, including real estate brokerage companies, shall not be paid any form of commission or fee by the owner of the property for the purchase of the property.
  3. All offers and purchase agreements for the property from Buyer or its affiliates shall be submitted through Amber. Buyer shall not contact the owner of the property directly or act either directly, indirectly, through any third parties including affiliates, clients or other brokers to circumvent the purpose of this Agreement. Amber may solicit, represent and accept offers for the property from other potential buyers without obligation to this Buyer. Buyer acknowledges that real estate brokers are not qualified as experts for legal, financial, accounting, environmental, construction, soils, geological or engineering advice.

This property information, market information, and other information on this page as well as any related documents have been provided by the seller or other outside sources. Interested parties are highly encouraged to verify the information independently. Amber has not independently verified any information.