IN > Franklin
Franklin, IN 46131,188 Umbarger LN
Franklin, IN 46131,188 Umbarger LN
Franklin, IN 46131,188 Umbarger LN
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$3,500,000
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21,840 SqFt
Active

188 Umbarger LN Franklin, IN 46131

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Jack Aikin

Jack Aikin

+1(317) 341-1461

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Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 21,840 sqft

Price per Sqft $160

MLS Listing ID 22068868

Year Built 1994

Tax Year 2024

Lot Size 2.510 Acres

Acres 2.51

Property Sub-Type Hotel/Motel

Property Description

Exceptional investment opportunity in Franklin, IN - this Econo Lodge / Relax Inn hotel combo offers two established hospitality brands in one prime location. Together, the properties feature a total of 88 guest rooms (Econo Lodge: 50 rooms | Relax Inn: 38 rooms) connected by an interior corridor. Guests enjoy shared amenities including a heated indoor pool and guest laundry facilities, while the Relax Inn also features a meeting room for additional revenue potential. Both hotels have demonstrated steady revenue growth and strong operating performance. This dual-brand property presents a rare opportunity to acquire a profitable, well-maintained hospitality asset in a thriving market.

Location

State IN

County Johnson

Zoning MRX

Interior

Fireplace N

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 2

New Construction false

Schools

School District Franklin Community School Corp

MIBOR MLS
© 2025 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Jack Aikin

Jack Aikin

Agent | RBRB19000475

+1(317) 341-1461

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188 Umbarger LN

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