Motel 6 Listing Details & Market Data

1334 N Washington St, Dale, IN 47523

  • For Sale $1,949,000
  • Property Type Other
  • Property Size 24,141 SF
  • Units 61
  • Lot Size 1.3 Acre
  • Year Built 1998
  • Year Renovated 2016
  • Date Updated Mar 25, 2024
Conveniently situated just 82 miles away from the bustling Louisville Muhammad Ali International Airport and a mere 40 miles from the easily accessible Evansville Regional Airport, the motel enjoys excellent connectivity to major transportation hubs. Additionally, its strategic location right next to I-64 & US-231 ensures maximum visibility and seamless access for travelers passing through. Such prime positioning makes it a preferred stopover for both leisure and business travelers, promising a consistent flow of guests throughout the year. Dale, Indiana, is a charming town located in Spencer County, in the southwestern part of the state. While Dale is a relatively small community, it offers a warm and welcoming atmosphere to both residents and visitors. Dale and the surrounding area boast several notable attractions that draw tourists year-round including Holiday World & Splashin' Safari, Lincoln Boyhood National Memorial, Wineries and Vineyards, and a plethora of outdoor activities. Dale's economy is primarily driven by a mix of industries, including agriculture, manufacturing, and tourism-related businesses. The region's fertile lands support farming activities while manufacturing facilities contribute to local employment opportunities. The tourism sector plays a significant role in the economy, especially with the presence of Holiday World & Splashin' Safari, attracting visitors from neighboring states and beyond. The town's small businesses, restaurants, and shops cater to the needs of residents and tourists alike, creating a close-knit and supportive community.We are thrilled to present the well-established Motel 6 in Dale, Indiana, listed exclusively with Tabani Realty. The Motel 6 in Dale is an exceptional investment prospect located in the heart of the Midwest. With a prime location just 82 miles from Louisville Muhammad Ali Int'l Airport and 40 miles from Evansville Regional Airport, it attracts leisure and business travelers year-round. The property boasts 61 rooms across three stories and is equipped with interior corridors providing added privacy and security. Built in 1998 and renovated in 2016 this well-established property has seen consistent revenue growth over the past few years.

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Attachments

Highlights

  • Offered at 13% cap rate and 24.7% cash on cash return
  • Located right next to I-64 & US-231
  • Prime location: 82 miles from Louisville Muhammad Ali Int'l Airport, 40 miles from Evansville Regional Airport
  • Attracts leisure and business travelers year-round
  • 61 rooms across three stories with interior corridors
  • Built in 1998, renovated in 2016
  • Consistent revenue growth in recent years

Contacts

broker

Salman (Sam) Tabani

Tabani Realty

(972) 810-7729

Location

Getting Around

  • Walk Score ®

    Car-Dependent (5)
  • Bike Score ®

    Somewhat Bikeable (25)
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  • City Dale, IN
  • Neighborhood Dale
  • Zip Code 47523

Points of Interest

  • Shell

    0.04 miles

  • Casey's General Store

    6.94 miles

  • Employee Parking

    6.17 miles

  • Wendy's

    0.48 miles

  • Denny's

    0.50 miles

  • Subway

    5.85 miles

  • Frosty's Fun Center

    5.86 miles

  • The Snack Shop

    6.02 miles

  • Goblin Burgers

    6.07 miles

  • Plymouth Rock Cafe

    6.09 miles

  • McDonald's

    6.38 miles

  • David Turnham Educational Center

    1.38 miles

  • Saint Joseph School

    1.54 miles

  • Holland Elementary School

    5.06 miles

  • Huntingburg Elemetry

    5.93 miles

  • Southridge High School

    5.96 miles

  • Ferdinand Elementary School

    7.04 miles

  • Maple Park Elementary School

    7.20 miles

  • Forest Park High School

    7.21 miles

  • Convent of the Immaculate Conception

    7.30 miles

  • Crestview Elementary School

    7.52 miles

Contact Listing Broker

broker

Salman (Sam) Tabani

Tabani Realty

(972) 810-7729