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1220 E Douglas Rd, Mishawaka, IN, 46545

Candlewood Suites

$5,200,000

Key Information

Tot. SF
38,316
Lot Size
3.2 Acres
Units
70
Year Built
2017
Type
Hospitality

Highlights

• The hotel was opened in 2017, offering investors the opportunity to acquire a relatively newer asset with modern construction standards and reduced near-term capital expenditure needs.
• The property has been operated by an absentee owner, providing a new ownership group with the opportunity to implement more hands-on management and pursue additional operational efficiencies.
• Strategically positioned in Mishawaka, Indiana, the hotel benefits from proximity to major demand generators including the University of Notre Dame (±13,000 Students), Saint Mary’s College (±1,600 Students), and regional corporate, healthcare, and manufacturing employers.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RB17001213, RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203