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Magnuson Hotel Fort Wayne North 522 E Coliseum Blvd 43 Room Hotel Fort Wayne, IN 46805 $2,930,802 CAD ($68,158 CAD/Room)
Investment Highlights
- 43 Units: 3 story Interior Corridor
- Trailing Twelve Month Revenue: $603,700; 69% YOY Improvement
- Upside Potential: Group Contracts & Extended Stay
- Offered at $48,837 / Key, 3.5x RRM
- Strategic Location: Close Proximity to Memorial Coliseum Event Center. Easy access to Interstate 69
- Fort Wayne Market has increased 9.8% in RevPAR Year over Year
Property Facts
| Price | $2,930,802 CAD | Building Size | 15,921 SF |
| Price Per Room | $68,158 CAD | No. Rooms | 43 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1988/2021 |
| Property Subtype | Hotel | Parking Ratio | 1.49/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.78 AC | ||
| Zoning | C - Commercial | ||
| Price | $2,930,802 CAD |
| Price Per Room | $68,158 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.78 AC |
| Building Size | 15,921 SF |
| No. Rooms | 43 |
| No. Stories | 3 |
| Year Built/Renovated | 1988/2021 |
| Parking Ratio | 1.49/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 43 | $140.96 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-07-25-101-011.000-073 | Improvements Assessment | $397,473 CAD |
| Land Assessment | $284,567 CAD | Total Assessment | $682,039 CAD |
Property Taxes
Parcel Number
02-07-25-101-011.000-073
Land Assessment
$284,567 CAD
Improvements Assessment
$397,473 CAD
Total Assessment
$682,039 CAD
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Photos
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Presented by
Bowman Post Group
Magnuson Hotel Fort Wayne North | 522 E Coliseum Blvd
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