We are pleased to offer for sale the Comfort Suites located just minutes from the Indianapolis International Airport. This hotel has consistently demonstrated strong performance, generating significant revenue over the past four years. The property's strategic location, paired with its affiliation with the well-recognized Comfort Suites brand under Choice Hotels, has contributed to a solid and stable cash flow. With excellent guest satisfaction and high occupancy rates, the hotel is an ideal investment opportunity for buyers seeking a dependable income-producing asset.
The property is situated in a high-demand area, benefiting from immediate access to major highways and being just a 10-minute drive from the airport. It is also conveniently located near major Indianapolis attractions, including the Indianapolis Motor Speedway, Lucas Oil Stadium, the Indiana Convention Center, the Indianapolis Zoo, and the Children’s Museum. The area is part of a vibrant submarket that serves both corporate and leisure travelers. The surrounding region continues to grow, with a population exceeding 128,000 within a 5-mile radius, and is projected to experience significant household and income growth over the next five years.
Indianapolis has recently been ranked one of the top housing and business markets in the Midwest, with a strong economy driven by sectors such as logistics, healthcare, and life sciences. The city hosts over 29 million visitors annually, contributing approximately $5.6 billion to the local economy and supporting more than 82,000 jobs in the hospitality sector. This hotel benefits from that economic engine, with its proximity to the airport and key demand drivers placing it in a prime position for continued success.
There is also substantial upside potential. Opportunities exist to enhance food and beverage offerings, attract more group bookings due to its proximity to the convention district and Speedway, and improve operational efficiencies. Additionally, the asset is well-positioned for a soft brand conversion or an upgrade to a lifestyle-focused flag, which could increase the average daily rate (ADR) and broaden its guest base.
In summary, this Comfort Suites represents a rare opportunity to acquire a well-performing, strategically located hotel in a dynamic and growing market. It is ideal for investors or owner-operators looking for a stable yet value-add hospitality asset with long-term upside. Please contact us for detailed financial information, cap rate analysis, and additional details.