188 Umbarger Lane, Franklin, IN 46131
- 21,840 sqft
Commercial Property
Built in 1994
2.51acre lot
—— car garage
$160/sqft
Listed 17 days ago
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.
- Listing Status:
- Active
- Listing Office:
- Keller Williams Indy Metro NE : 317-746-0019
- Listing Agent:
- Pardeep Singh : 317-746-0019
- MLS ID:
- 22068868

- Road/Access: City Street
- Originating MLS: mibor
- School District: Franklin Community School Corp
- County: Johnson
- Zoning: MRXE 1/2 Sw 1/4 S18 T12 R5 Tract B Mp Franklin Communi410718034004000018
- Current Use: See Remarks
- Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
- Source: mibor
This listing courtesy of Pardeep Singh, Keller Williams Indy Metro NE
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Webb Elementary School
1400 Webb Ct, Franklin, IN, 46131
Grades KG-4
0.92 miles away
Franklin Community Middle School
625 Grizzly Cub Dr, Franklin, IN, 46131
Grades 7-8
2.39 miles away
Franklin Community High School
2600 Cumberland Dr, Franklin, IN, 46131
Grades 9-12
4.21 miles away
