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Hotels & Hospitality
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Four Points West Lafayette |  |
West Lafayette,
Indiana
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Rooms: 171
Price($): N/A
Contact: Adam McGaughy
Phone: 312-228-2376
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| | DESCRIPTION |  |
This offering presents an exceptional opportunity to acquire a high-quality hotel, unencumbered by management, proximate to one of the nation’s leading research institutions and educational facilities, Purdue University. As one of only three full-service hotels in the Greater Lafayette market, the property has an exceptional capture on corporate transient, university-related and group demand. With a $5.1 million renovation between 2007 and 2009 in addition to another $2.2 million in ongoing renovations as part of repositioning PIP to comply with Sheraton brand standards, the 171-room Four Points by Sheraton boasts 13,000 square feet of meeting space -the most of any hotel in the area, an outdoor and indoor pool, fitness center, business center, the Garden Café, the Tailgate Grille & Bar.
New Listing: Yes
Full Service: No
Select Service: Yes
Portfolio: No
Price Reduction: No
Status: Under Contract
Sold: No
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