Motel for Sale in Indiana Start Price - Current Price - Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Sunday, October 12, 2008 End Time Tuesday, November 11, 2008 Location Indianapolis, Indiana See more about 'Motel for Sale in Indiana' Description Motel for Sale - Prime Location Limited Time Offer Great interstate/city/new airport location.  Located at the fastest growing exit in Indiana right off of I-70.  This property is at the closest exit to the brand new Indianapolis, Indiana Airport which is opening in November 2008.  Absentee owner - property is approximately 8 years old.  Property has 54 units and a manager apartment. Room revenue for 2005 was $ 453,000, 2006 was $ 451,000 and for 2007 the known revenue was $ 375,000.  There has been no reservation system since 2006.  Owner is selling due to health problems.  This is a great location and a great opportunity for an owner/operator. Price is $ 1,495,000 with $ 295,000 down payment.  Please do not approach property.  It is totally employee run.  Serious inquiries only. Email any questions to Kathy@ k71094@aol.com and I will reply promptly. Place a Bid!