7834 Progress Way, Newberry, IN

$6,700,000

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74

Baths

265,716

Square feet

6.10

Acres

About 7834 Progress Way

This modern 72 Room Hotel, 29 Main Stay Suites & 43 Sleep Inn, opened new in late 2019, offers a sleek and contemporary design with state of the art amenities and a focus on guest comfort and operation efficiency. Ideally situated near interstate 69 located near the expanding Crane Naval Base and Crane West Gate, the hotel benefits from strategic location that drives consistent occupancy. No other modern mid market Hotels are located within 30 minutes. This location serves Crane Naval Base and the communities of Bloomfield, Loogootee, and Linton. The current ownership says this property also gets overflow from events at Indiana University in Bloomington. Must see to appreciate. Shown by appointment only. Asking $6,700,000!

Features of 7834 Progress Way

MLS® # 202507411
Price $6,700,000
Bathrooms 74.00
Square Footage 265,716
Acres 6.10
Year Built 2019
Type Commercial
Sub-Type Hotel & Motel
Status Active

Community Information

Address 7834 Progress Way
Subdivision None
City Newberry
County Greene County
State IN
Zip Code 47449

Amenities

Utilities Electric Hook-Up, Gas Hook-Up, Mun. Sewer Hook-Up, Mun. Water Hook-Up
Features Drapes, Office Space, Reception Area, Ventilating/Exhaust Fans, Other
Parking Lot, Paved, Private, Public
Is Waterfront No

Interior

Interior Drywall
Heating Electric
Cooling Central Air, Multiple Cooling Units
# of Stories 4
Basement Slab

Exterior

Exterior Ext. Insulated, Stone, Stucco, Vinyl
Lot Description Irregular, Resort
Roof Build-Up, Rubber
Construction No

Additional Information

Days on Market 218
Foreclosure No
RE / Bank Owned No

Listing Details

AgentBrooks Galloway
OfficeBrooks Galloway Real Estate
Contact InfoOffice: 812-936-7301

Listing Map

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