Huff, Niehaus & Associates, Inc. is happy to announce the profitable sale of the Greatest Western Plus Brandywine Inn & Suites in Monticello, Indiana. The Vendor, Brandywine Complicated, Inc., constructed the lodge in 2002. Situated equal distances from Chicago and Indianapolis which pulls on these main markets for guests and companies. Located on 5.56+/- acres, the advanced comprises the 59-room lodge, the Brandywine Reception & Assembly Heart, and the Sculptures Sports activities & Health Heart. Facilities embrace a health heart, tennis/pickleball courts, indoor basketball/volleyball courtroom, ballroom and a big assembly and reception heart with seating as much as 400+. Brandt Niehaus, President of Huff, Niehaus & Associates, Inc., represented the Vendor and assisted the Purchaser within the transaction. The property bought for $5,750,000 with an computerized switch of the Greatest Western Plus model to an funding group with different franchise lodges.
Brandt Niehaus, President of Huff, Niehaus & Associates, Inc. based mostly in Louisville, Kentucky, is a licensed dealer in Alabama, Indiana, Kentucky, Massachusetts, Ohio, and Tennessee. He earned the coveted Dealer of the Yr award in 2018, 2017 and 2014 and is a thirteen-time recipient of Prime Regional Dealer recognition. Since 1975, Huff, Niehaus & Associates has developed right into a full-service actual property agency offering many companies completely to the hospitality business and lenders, together with brokerage companies, Dealer’s Opinions of Worth, professional witness testimony and growth session. Huff, Niehaus might be discovered on-line at www.huffniehaus.com.
Based in 1959, Lodge Brokers Worldwide is the business’s oldest community of hospitality dealer professionals. HBI Brokers lead the business in lodge actual property gross sales and have efficiently negotiated greater than 11,000 lodge actual property transactions. The group’s web site options a big stock of lodge property listings and attracts web site guests from all over the world. HBI is the founder and administrator of the Licensed Lodge Dealer Program, the actual property business’s solely skilled designation program for lodge brokers. Along with hospitality actual property advisory companies, HBI gives affiliate membership to professionals in allied fields, together with franchising, lending, value determinations, and funding companies. For extra details about HBI’s lodge listings or to turn into a dealer or affiliate member, go towww.hbihotels.com.
For extra info contact:
H. Brandt Niehaus CHB, CCIM
Huff, Niehaus & Associates, Inc.
Louisville, Kentucky
502.254.7787
lodges@huffniehaus.com
Glenda J. Webb, Government Director
Lodge Brokers Worldwide
Kansas Metropolis, Missouri
816.505.4315
gwebb@hbihotels.com