Hampton Inn Portage

Portage, Indiana

6353 Melton Road
Portage, Indiana 46368
Address:
60
Rooms:
2.54
Acreage:
3 Stories
Building Height:
1999
Year Opened:
Fee Simple
Land:
SOLD

 

  • The 3-story, 60-room Hampton Inn is situated off Interstate 94 on ±2.54 acres.

  • The Hotel offers complimentary hot breakfast daily, an indoor pool, whirlpool, fitness center, business center, guest laundry and complimentary parkin

  • Offered unencumbered of management and debt.

  • Significant discount to replacement cost. 

Property Overview:

  • The Hotel features an excellent location off Interstate 94 at Melton Road with average daily traffic exceeding 72,000 vehicles. Its location provides convenient access to area corporate demand generators as well as being proximate to the Indian Dunes and Lake Michigan beaches.

  • Occupancy has increased 6.1% for TTM April 2017.

  • Proximate to the Ameriplex, Bass Pro Shop, Beta Steel Corp., Bethlehem Steel Corp., Port of Indiana, Burns Baling Div., Cargill Inc., Excel Corp, U.S. Steel, Mittal Steel, MonoSol Duneland, Port of Indiana-Burns Harbor, and Lighthouse Place Premium Outlets.

  • MonoSol, maker of the film for the widely popular Tide Pods and Cascade Pods, is accelerating the completion of its new $95 million Duneland facility in Portage.

  • Less than 3.5 miles from The Port of Indiana-Burns Harbor and its nearly 600 acres of land and 30 port companies, including 15 steel-related companies and three steel mills. 

Investment Highlights: