THIS IS A COMPLETED SALE
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ONLINE - Commercial 8 Unit Motel & 2 Bed Ranch on 0.59 Acres
Listing ID#: 399693
| Sale Location |
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Markle , IN 46770 |
| Sale Dates and Times |
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Bidding Starts: Friday Apr 30, 9:00 AM Bidding Ends: Tuesday May 25, 3:00 PM |
| Sale Type |
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 Online Auction (local pick-up only)
VIEW ONLINE CATALOG |
| Company Information |
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Ness Bros Realtors & Auctioneers Contact: Steve Ness or Kurt Ness Phone: 800-356-3911 Website: www.NessBros.com EstateSale.com ID#: 10383 View company information and listings |
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| File Attachments |
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 Property Info
Financial Info
Auction Terms
Lead Paint Cert.
Auction Flyer
Offer to Purchase
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| Listing Information |
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ONLINE ONLY
COMMERCIAL REAL ESTATE AUCTION
MOTEL WITH 8 EFFICIENCIES & 2 BED RANCH ON 0.59 ACRES
220 E. LOGAN ST., MARKLE IN 46770
Slumber Inn
BIDDING ENDS: Tuesday, May 25th @ 3:00 pm
OPEN HOUSE:
Sunday, May 16th from 1:00 - 3:00 pm
* Only Day to View Inside Rental Units
PROPERTY INFO:
This is a Commercial Motel/Tourist Cabin property with 8 Efficiency Rental Units and a 2 bedroom Ranch house on 0.59 Acres. The Investment Income Potential generates about $40,000 after expenses if fully occupied & is now at 90% Occupancy with Current Lessees in place. The Motel is 2,682sqft with 8 Efficiency Apartment Units with a potential of 10 Units (2 have been joined combining 2 rooms) with Exterior Entrances and 11,300sqft Paved Parking lot. The Home has 1,364sqft of Living Space with 2 Beds, 1 Bath, Large Living room, a 16'x24' Deck for Entertaining and a 14'x22' Detached Garage with 8'x14' Lean-To with concrete floor for extra storage. This Property is Located off Main Hwy 224 with High Visibility.
Sellers: Terrence Jr. & Virginia Steed
Auction Manager: Andy Eckert 260-224-9058
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