Motel 6
South Bend, IN
- REO
236 N Dixie Hwy South Bend, IN 46637
PROPERTY SUMMARY
Opportunity
- Fee Simple interest in the bank-owned 97-key, 2016-build Motel 6 South Bend, IN
- Value-add opportunity through inclusion of the adjacent parcel for potential expansion, parking reconfiguration, or brand repositioning
- Unencumbered by management and debt, providing full flexibility for new ownership
- Offered at a significant discount to replacement cost, particularly compelling given the property’s recent vintage
- Operational upside by transitioning from lender ownership and third-party management
- Seller financing available, creating an accessible entry point for investors
Location
- Approximately 2 miles from the University of Notre Dame, a nationally ranked private research university with approximately 13,000 total students, Division I athletics anchored by Notre Dame Football, and an estimated $3.3 billion annual economic impact supporting consistent year-round lodging demand
- High-visibility location directly off U.S. 31 with immediate proximity to I-80/90 Toll Road and South Bend International Airport, providing easy access to Chicago, Detroit, and Indianapolis
- Proximate to all major area corporate demand, including AM General Holdings, 1st Source Corporation, Schurz Communications, South Bend Chocolate Company, Honeywell, ZF Group, Royal Holdings, and the South Bend Industrial Park
- Near all area healthcare demand, including Memorial Hospital of South Bend, Saint Joseph Mishawaka Medical Center, and Beacon Granger Hospital
- Easily accessible to broader area education demand, including Indiana University South Bend, Saint Mary’s College, Holy Cross College, and Bethel University
- Proximate to all area leisure demand, including Four Winds Casino, Ribbon Town Conference & Event Center, Century Center, Potawatomi Zoo, Studebaker National Museum, Indiana Dinosaur Museum, and The History Museum South
Market Developments
- South Bend is experiencing unprecedented development with more than $500 million in ongoing regional investments across education, healthcare, light industrial, and downtown redevelopment, supporting long-term hospitality demand
