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Listed price in listed location currency (USD).
$3,500,000

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  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel/Motel
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 3
Approx. Age 1994
MLS® Number 22068868

Property Address: 188 Umbarger Ln, Franklin, IN, 46131

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity in Franklin, IN - this Econo Lodge / Relax Inn hotel combo offers two established hospitality brands in one prime location. Together, the properties feature a total of 88 guest rooms (Econo Lodge: 50 rooms | Relax Inn: 38 rooms) connected by an interior corridor. Guests enjoy shared amenities including a heated indoor pool and guest laundry facilities, while the Relax Inn also features a meeting room for additional revenue potential. Both hotels have demonstrated steady revenue growth and strong operating performance. This dual-brand property presents a rare opportunity to acquire a profitable, well-maintained hospitality asset in a thriving market.
MLS® Number22068868
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1994
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 17, 2025List Date
$3,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
188 Umbarger Ln, Franklin, IN

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