- For Sale $1,495,000
- Property Type Other
- Property Size 21,696 SF
- Units 69
- Lot Size 7.1 Acre
- Year Built 1971
- Date Updated Apr 10, 2024
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Attachments
Highlights
- 69 Units with a mix of Short-term and long-term stay with 2 Manager's Apartments
- 3 Rodeway rooms currently used as storage could be brought back in easily
- Well Located on Interstate 70
- Offered at $21,666/ Unit
- 2023 Room Revenue: $572,690
- March 2024 Trailing Twelve Month Revenue: $666,887
- Well priced at 2.2x Trailing Twelve Month Revenue
- 14.37% 2023 Cap Rate
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Contacts
Location
Getting Around
-
Walk Score ®
15/100 Car-Dependent -
Bike Score ®
29/100 Somewhat Bikeable
- City Brazil, IN
- Neighborhood Brazil
- Zip Code 47834
Points of Interest
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Road Ranger
0.09 miles
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BP
0.14 miles
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Speedway
0.50 miles
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Marathon
4.14 miles
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BP
5.34 miles
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Speedway
5.35 miles
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Circle K
5.64 miles
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Shell
5.81 miles
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Speedway
5.97 miles
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Casey's General Store
6.04 miles
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Best Western Plus Covered Bridge Inn
0.07 miles
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Angel's Pet Grooming & Bed and Breakfast
9.81 miles
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Family Table
0.05 miles
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Burger King
0.05 miles
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Iron Skillet
0.15 miles
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Subway
0.44 miles
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McDonald's
0.45 miles
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Long John Silver's
5.14 miles
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Dairy Queen
5.23 miles
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Pappy's Bar-B-Que
5.40 miles
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Jack's Fine Foods
5.40 miles
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Hardee's
5.49 miles
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Jackson Township Elementary School
3.32 miles
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Staunton High School
4.56 miles
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Staunton Elementary School
4.58 miles
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Forest Park Elementary School
4.90 miles
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Pinckey School
5.07 miles
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Jackson School
5.20 miles
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Northview High School
5.41 miles
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North Clay Middle School
5.47 miles
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Meridian Street Elementary School
5.59 miles
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East Side Elementary School
5.67 miles
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Little Life Daycare Preschool
9.58 miles
Frequently Asked Questions
What is the lease rate for Suburban Studios and Rodeway Inn?
Rental asking rate at Suburban Studios and Rodeway Inn is $747,500.00/YR.
What is the total square footage of Suburban Studios and Rodeway Inn?
Suburban Studios and Rodeway Inn totals 21,696 square feet.
When was this property built?
Suburban Studios and Rodeway Inn was built in 1971.
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