SureStay Plus by Best Western Jasper | 951 Wernsing Rd
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SureStay Plus by Best Western Jasper 951 Wernsing Rd
64 Room Hotel Jasper, IN 47546 $3,543,675 CAD ($55,370 CAD/Room)
Investment Highlights
- 64 Unit, 2 Story Interior Corridor Hotel in Excellent Condition
- Strong $80.97 ADR
- Perfect for Owner Operator - Strong Upside Potential
- Room Revenue in 2023: $603,000
- Recently Built New Lobby and Indoor Pool & Hot Tub
- 1.25 Hours from Louisville, KY
Executive Summary
The SureStay Plus by Best Western in Jasper, IN is a 64-unit, interior corridor hotel located in Southern Indiana on Hwy 231. The hotel is located directly on US-231 and 12 miles from Interstate 64, between Indianapolis, Evansville, and Louisville, with numerous attractions and businesses located nearby.
The hotel underwent a full-scale renovation in 2017, building a brand-new lobby, breakfast room, and indoor pool and hot tub as part of the conversion to SureStay Plus. The hotel features a fitness room, indoor pool and hot tub, snack bar, and lounge. The Hotel's ten kitchenette rooms cater to extended stay guests and are a unique offering in the City of Jasper.
The City of Jasper was named one of America's best cities to live in by USA today. The area is home to a thriving furniture industry, a robust advanced manufacturing base, and a growing logistics sector. Jasper attracts visitors year-round to various cultural offerings.
The hotel underwent a full-scale renovation in 2017, building a brand-new lobby, breakfast room, and indoor pool and hot tub as part of the conversion to SureStay Plus. The hotel features a fitness room, indoor pool and hot tub, snack bar, and lounge. The Hotel's ten kitchenette rooms cater to extended stay guests and are a unique offering in the City of Jasper.
The City of Jasper was named one of America's best cities to live in by USA today. The area is home to a thriving furniture industry, a robust advanced manufacturing base, and a growing logistics sector. Jasper attracts visitors year-round to various cultural offerings.
Property Facts
Price | $3,543,675 CAD | Building Size | 32,000 SF |
Price Per Room | $55,370 CAD | No. Rooms | 64 |
Sale Type | Investment | No. Stories | 2 |
Property Type | Hospitality | Year Built/Renovated | 1975/2017 |
Property Subtype | Hotel | Parking Ratio | 3.5/1,000 SF |
Building Class | C | Corridor | Interior |
Lot Size | 0.86 AC |
Price | $3,543,675 CAD |
Price Per Room | $55,370 CAD |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.86 AC |
Building Size | 32,000 SF |
No. Rooms | 64 |
No. Stories | 2 |
Year Built/Renovated | 1975/2017 |
Parking Ratio | 3.5/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- On-Site Bar
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 64 | $165.84 CAD | - |
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $1,456,941 CAD | |
Land Assessment | $805,583 CAD | Total Assessment | $2,262,524 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$805,583 CAD
Improvements Assessment
$1,456,941 CAD
Total Assessment
$2,262,524 CAD
zoning
Zoning Code | B3 |
B3 |
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SureStay Plus by Best Western Jasper | 951 Wernsing Rd
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