Lighthouse Inn Motel
www.GlobalBX.com
Listing ID:
700114904
Listing Title:
Lighthouse Inn Motel
Quick Link:
http://www.globalbx.com/listing.asp?bId=114904
Industry:
Hotels and Holiday Accommodation
Industry Segment:
Motels
Country:
United States
State / Province:
Indiana
Area
City:
Frankfort
Asking Price Range:
$500K - $1.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1985
Number of Employees:
1 - 3
Business Description:
Hospitality Sales Group has been retained to market for sale the Lighthouse Inn Motel located in Frankfort, Indiana. The motel is located 25 miles from Kokomo and Lafayette/West Lafayette and approximately 45 miles from the Indianapolis International Airport. The motel is exceptionally well maintained and has had recent upgrades, painting and signage.
* 31 Guest Rooms
* Manager's Apartment
* 1.42 Acres
* 2 Floors/ Exterior Corridors
* Wireless Internet
* Microwave, Coffee Maker & Refrigerator in Each Room
The property is located within walking distance of 6 local restaurants and with several franchised restaurants nearby. Major local employers include Frito-Lay, Federal Mogul, Mallory Controls, Archer Daniels Midland, Donaldson Company and General Seating of America. Nearby recreational demand generators include Historic Downtown Frankfort and the Prairie Grass Observatory in addition to Golf at the Frankfort Country Club, Cool Lake, Deer Track or Angel Hill Golf Courses. Contact for more information on this Motel for sale.
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