Hospitality Business for Sale in Valparaiso, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Valparaiso, IN 46385
  • Year built: 1958

Description

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Best Western University Inn at Valparaiso (‘Hotel’ or ‘Property’) located at 760 W. Morthland Drive in Valparaiso, Indiana. The midscale, Best Western Hotels & Resorts-branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information. Situated on approximately 1.35 acres, this select-service Hotel features 50 guest rooms across four stories and encompasses 58,806 square feet of gross building area. The Hotel offers common area amenities that cater to a wide variety of guests, including free high-speed Wi-Fi, a 24-hour fitness center, business center, on-site laundry facilities, elevator access, ice and vending machines, and a sundry shop. Guest rooms are equipped with blackout curtains, cable television, and in-room coffee makers. With a RevPAR Index of 75.6 percent for the twelve months ending November 2025, the hotel presents meaningful untapped potential relative to its competitive set. Leveraging strategic revenue management and targeted marketing initiatives, a new owner could materially improve market penetration and unlock incremental room revenue upside, delivering stronger returns for investors. Additionally, the property generated calculated year-end 2025 NOI of $176,502, with pro forma projections increasing to $242,052 by Year 3, highlighting a clear path to earnings growth and long-term value creation. Complementing these fundamentals, offering investors a compelling opportunity to acquire the asset at a conservative valuation with significant upside potential. Centrally positioned near Valparaiso’s primary cultural, educational, and recreational attractions, the Property benefits from a diverse mix of demand generators. Several nearby attractions are less than five miles away, including Memorial Opera House, Brauer Museum of Art, Central Park Plaza, Zao Island’s Mini Golf and Arca

Market Context

This hospitality in Valparaiso, IN is listed for sale. The building dates to 1958. It has been on the market for 68 days. Compare it against other hospitality listings for sale in Valparaiso, IN — <a href="/search/sale/hospitality/indiana/valparaiso">view the full market</a>.

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