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Magnuson Hotel

522 E Coliseum Blvd, Fort Wayne, IN

$2,100,000

Property Highlights

  • 43 Units: 3 story Interior Corridor

  • Offered at $48,837 / Key, 3.5x RRM

  • Trailing Twelve Month Revenue: $603,700; 69% YOY Improvement

  • Strategic Location: Close Proximity to Memorial Coliseum Event Center and Purdue University- Fort Wayne. Easy access to Interstate 69

  • Upside Potential: Group Contracts & Extended Stay

  • Fort Wayne Market has increased 9.8% in RevPAR Year over Year

CONTACT LISTING AGENTS

Jayesh Bhima

805.866.0486

FULL PROPERTY DETAILS

Jayesh Bhima is delighted to present an exceptional investment opportunity: the Magnuson Hotel in Fort Wayne, strategically positioned near the renowned Allen County War Memorial Coliseum. This well-established, 43-guestroom midscale property, spread over three stories…

LOCATION

522 E Coliseum Blvd, Fort Wayne, IN 46805, USA

BROKER OF RECORD

Andrew Post

IN# RB20000344

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