National Commercial Auctioneers to Conduct Sheriff Auction of a 70 Room Hotel in Seymour, Indiana

Aug 25, 2010, 08:00 ET from National Commercial Auctioneers, LLC

SEYMOUR, Ind., Aug. 25 /PRNewswire/ -- National Commercial Auctioneers LLC (www.natcomauctions.com), announces the auction of a modernly built, interior corridor 70-room suite hotel in Seymour, Ind., according to Fernando Palacios, Regional Vice President.

"In the hospitality market, it is rare to have the opportunity to sell such a well-located, limited service, interior corridor hotel," said Palacios. "We anticipate buyer-interest because of the rarity of this type of property available at auction."

The property, which comprises approximately 3 acres is conveniently located midway between Indianapolis and Louisville off I-65 making this furnished, closed property a nearly turn-key opportunity. The property is close to many area attractions, such as the Tanger Outlet Mall, Great Escape Movie Theater, and Indiana Center for Arts. Seymour is the hometown of rocker John Mellencamp.

A former Lee's Inn brand, this two-story property has a mix of double and king rooms; including nine suites. Other features include an indoor pool, whirlpool, fitness room and other guest amenities.

The hotel is being sold pursuant to court order authorizing a Sheriff's Auction of the  property. The auction is scheduled for Tuesday, September 21 at 11am EDT. The property will be open for inspection September 14 at 1pm EDT.   To learn more about the property, the auction and the terms of the sale, please contact National Commercial Auctioneers at 1-877-895-7077 or visit www.natcomauctions.com.

National Commercial Auctioneers is a nationwide auction company that specializes in the sale of commercial real estate at auction for banks, special servicers, receivers, Trustee's and bankruptcy courts.

SOURCE National Commercial Auctioneers, LLC



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