Josh Caruana // Broker of Record // License IN RB14034355
Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Crawfordsville, a 3-story interior corridor hotel located in Crawfordsville, Indiana. Built in 2008, the hotel offers amenities including a heated indoor pool & spa, fitness center, complimentary breakfast buffet with large dining area, guest laundry facilities, and more. Business amenities include a business center and a meeting room that can accommodate 50 people. The property was renovated in 2024, bringing the hotel up to brand standards. Renovations completed include full exterior paint, complete overhaul of the TVs from 46" to 55" in all rooms, technology refresh, and implementing the hotel key PMS system.
The Holiday Inn Express & Suites Crawfordsville represents the opportunity to acquire a renovated, IHG-branded hotel in a growing market. This well-performing property benefits from an excellent location off of Interstate 74, near several attractions, businesses, and other demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Montgomery County region.