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Prime Investment Opportunity: Motel with 8 Acres in Seymour, Indiana Welcome to your next lucrative investment venture! Nestled off the bustling I65 in Seymour, Indiana, this exceptional motel property boasts unparalleled potential. With a prime location and expansive land, this offering presents a rare chance to capitalize on the thriving hospitality market. Key Features: Strategic Location: Situated just off I65, this motel enjoys high visibility and convenient access for travelers. Seymour's growing tourist influx ensures a steady stream of potential guests. Ample Accommodation: Spread across 4 acres, the motel comprises three well-maintained buildings housing approximately 120 rooms, catering to diverse guest preferences. Additionally, three apartments provide comfortable living quarters for staff or extended-stay guests. Facility Highlights: The property is equipped with essential amenities, including a guest laundry room and a separate commercial laundry room, enhancing guest convenience and operational efficiency. Franchise Opportunity: Currently under a franchise contract with Knights Inn, offering brand recognition and operational support. The contract, expiring in March 2024, presents the option for renewal or rebranding, allowing flexibility to align with your strategic vision. Zoning and Tax Benefits: Zoned for motels and tourist cabins (property class 410), this site offers favorable regulations for hospitality ventures. With annual taxes of $27,744 on the motel and $4,352 on the vacant lot, the property provides attractive tax incentives for savvy investors. Investment Potential: Income Generation: Leverage the motel's existing infrastructure and prime location to generate consistent revenue from room bookings and auxiliary services. Expansion Opportunities: With 8 acres of land, there's ample space for expansion or diversification of amenities, such as adding recreational facilities or event spaces to attract a wider clie