305-213-3299
7314 E 21st St, Indianapolis, IN for Sale
Hospitality - FOR SALE
1/11
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7314 E 21st St
Indianapolis, IN 46219
East Gate


HIGHLIGHTS

  • City of Indianapolis / Limited Hotel Availability
  • Interstate Location (I70) Minutes from Downtown
  • Excellent upside Opportunity (Per STR Report)
  • Excellent Condition / Nominal PIP Anticipated
  • Close to Room Night Generators
  • Priced to Sell

OVERVIEW

National franchise hotel with long term franchise license in place. Located in the capital city of Indianapolis. Excellent physical condition with limited PIP upon sale. This is an excellent opportunity to acquire limited-service, sixty-three (63) guest room hotel with owner operator upside through driving occupancy and average daily rate.

FOR SALE DETAILS

PRICE

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# OF ROOMS

63

CAP RATE

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TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn Indianapolis East

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1980

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

-

APN/PARCEL ID

49-07-25-106-010.000-700

ASK ABOUT THIS PROPERTY

Mark FullerFuller Property CompanyMore Info
305-213-3299

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Mark FullerFuller Property CompanyMore Info
305-213-3299

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.