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7834 Progress Way

Newberry, IN, 47449

  • Price $6,900,000
  • Sq. Ft.42396
  • MLS #202507411
This modern 72 Room Hotel, 29 Main Stay Suites & 43 Sleep Inn, opened new in late 2019, offers a sleek and contemporary design with state of the art amenities and a focus on guest comfort and operation efficiency. Ideally situated near interstate 69 located near the expanding Crane Naval Base and Crane West Gate, the hotel benefits from strategic location that drives consistent occupancy. No other modern mid market Hotels are located within 30 minutes. This location serves Crane Naval Base and the communities of Bloomfield, Loogootee, and Linton. The current ownership says this property also gets overflow from events at Indiana University in Bloomington. Must see to appreciate. Shown by appointment only. Asking $6,900,000!
County
Greene County
Lot Size
6.1000
Year Built
2019
Sq, ft. finished
42,396sq. ft (approx.)
Subdivision
None
Annual Taxes
22849.00
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Brooks Galloway of Brooks Galloway Real Estate, 812-521-7301.

    Cameron Engstrom

    Realtor
    Cell: (812) 830-0019

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Frequently asked questions

Why does the mortgagee sometimes require a Survey of the property?
Most mortgage lenders require a current and valid Real Property Report (survey) and proof of zoning by-law compliance from the local municipality, i.e. city, town, Municipal district, etc. The mortgagee (lender) does this to insure initially that the buildings are entirely within the property boundaries and there is no risk that the security for the mortgage will be damaged by the forced removal of the improvements. Most Lenders will now accept a Real Property Report and evidence of municipal compliance or a policy of Title Insurance.

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Disclaimer

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

Listing Data updated: April 11, 2025, 3:00 pm
IDX information provided by the Indiana Regional MLS