Hospitality O Indiana

Marcus & Millichap sells 62-room hotel property in Fort Wayne

Marcus & Millichap sells 62-room hotel property in Fort Wayne,ph01

Marcus & Millichap closed the sale of Best Western Plus Fort Wayne Inn & Suites, a 62-room hotel property in Fort Wayne, Indiana. The asset sold for $5.35 million.

Ebrahim Valliani, a senior associate; Michael Klar, an associate; Allan Miller, first vice president investments; and Chris Gomes, senior managing director investments, in Marcus & Millichap’s Chicago Oak Brook, Dallas and Austin offices, exclusively marketed the property on behalf of the seller and also represented the buyer.

Josh Caruana assisted in closing this transaction as the broker of record in Indiana..

Best Western Plus Fort Wayne Inn & Suites North is located at 5926 Cross Creek Blvd. in the second largest market in the state. The three-story, interior corridor building was built in 2000 and features oversized units, an indoor pool, spa and fitness center.