• Property Type
  • Hotel/Motel, Commercial Sale
  • 21840 Sqft
  • Area Size
188 Umbarger Lane, Franklin, IN 46131
  • $3,200,000
  • $3,500,000

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.

  • Address: 188 Umbarger Lane
  • City: Franklin
  • State/county: IN
  • Zip/Postal Code: 46131

Details

Updated on January 14, 2026 at 6:06 am
  • Property ID 22068868
  • Price $3,200,000
  • Property Size 21840 Sqft
  • Land Area 2.51 Acres
  • Garage Size x x
  • Year Built 1994
  • Property Type Hotel/Motel, Commercial Sale
  • Property Status Expired

Additional details

  • Utilities Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
  • County Johnson
  • Property Type Commercial Sale
  • Parking Common

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Contact Information

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Preeti Chaggar

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