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7220 Woodland Dr
Indianapolis, IN 46278

$8,750,000 USD

Hotel For Sale  •  45,421 SF

Property Details

  • Property Type Hotel
  • Total Building Size 45,421 SF
  • Lot Size 2.33 AC
  • Building Class B
  • Year Built 1990
  • Tenancy Single
  • Zoning Hotel
25 Transit Score
44 Walk Score

Highlights

Minimal PIP - Expected AutoTransfer Eligibility
Revenue up $140,000 YTD 2024
$21 Behind CompSet RevPAR - Potential for $2.6M+ Revenue
Absentee Owned - Major Operational Upside
New Financing In-Place and Available
Within 10 Miles of Downtown Indianapolis (30M annual Visitors), Lucas Oil Stadium, Indianapolis Motor Speedway, and NCAA Hall of Champions

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Public Transportation

AirportDriveWalkDistance
Indianapolis International 32 min - 18.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 118
Type: Surface
Included in Rent: Yes
Andrew Bankhurst 216-906-2944 Charles Hart Hospitality Group
Andrew Bankhurst 216-906-2944 Charles Hart Hospitality Group