Motels for Sale in Central Indiana 2 Properties-45 units & 35 units 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 New Castle, Indiana See more about 'Motels for Sale in Central Indiana ' Description 2 side by side motels with absentee owner (no reservation systems since 2006) - in good condition.  Properties are 30 miles east of Indianapolis, Indiana on I-70.  They will be sold as a package deal only.  This is an excellent interstate/city location.  1 motel has 45 units.  The 2007 Revenue was $ 335,000.   Price is $ 1,075,000 with $ 195,000 down.  The other motel has 35 units, a manager's apartment and pool.  The 2007 Revenue was $ 201,000.  Price is $695,000 with $ 150,000 down.  This is a great opportunity for an owner operator - Hurry, they won't last.  Long time owner selling due to illness.  First come - First served.  Do not approach properties - these are both totally employee run.  Serious inquiries only. Email to Kathy @k71094@aol.com any questions and I'll reply promptly.     Place a Bid!