248-914-2183
9104 Keystone Crossing, Indianapolis, IN for Sale
Hospitality - FOR SALE
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9104 Keystone Crossing
Indianapolis, IN 46240
Keystone


HIGHLIGHTS

  • 124-Room, Six-Story Home2 Suites Catering to Extended-Stay and Corporate Travelers, Operating Under the Globally Recognized Hilton Platform
  • Fully Renovated in 2023, Minimizing Near-Term Capital Requirements
  • Adjacent to The Fashion Mall at Keystone with Walkable Access to High-End Retail and Dining
  • Near Community Hospital North, Ascension St. Vincent Hospital, and Kindred Hospital Indianapolis North
  • Immediate Access to Interstate 465 Supporting Business and Transient Travel
  • Located in One of Indianapolis’ Most Desirable and High-Income Areas

OVERVIEW

Upper Midscale Extended-Stay Brand: 124-Room, Six-Story Home2 Suites Catering to Extended-Stay and Corporate Travelers, Operating Under the Globally Recognized Hilton Platform Recent Renovation Completed: Fully Renovated in 2023, Minimizing Near-Term Capital Requirements Prime Keystone Crossing Location: Adjacent to The Fashion Mall at Keystone with Walkable Access to High-End Retail and Dining Strong Healthcare Demand Drivers: Near Community Hospital North, Ascension St. Vincent Hospital, and Kindred Hospital Indianapolis North Excellent Regional Connectivity: Immediate Access to Interstate 465 Supporting Business and Transient Travel Affluent Submarket Positioning: Located in One of Indianapolis’ Most Desirable and High-Income Areas Diverse Demand Generators: Close to Castleton Square, Carmel City Center, Crooked Stick Golf Club, and Indiana State Fairgrounds Extended-Stay Amenities: In-Room Kitchens, Digital Key Access, and Flexible Living Spaces INVESTMENT OVERVIEW As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Home2 Suites by Hilton Indianapolis Keystone Crossing (‘Hotel’ or ‘Property’) located at 9104 Keystone Crossing in Indianapolis, Indiana. The upper midscale, extended-stay Hilton-branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information. Situated on approximately 2.77 acres, the Property features 124 guest rooms across six stories totaling approximately 57,125 square feet. Renovated in 2023, the Hotel offers a modern extended-stay concept with in-room kitchens, digital key access, and flexible living spaces designed for both short-term and long-term guests. The Property includes a strong amenity package featuring complimentary breakfast, fitness center, meeting space (780 Square Feet), 147 parking spaces, and extended-stay accommodations, positioning it competitively within the Keystone Crossing submarket. The Property benefits from an exceptional location adjacent to The Fashion Mall at Keystone, one of Indiana’s premier luxury shopping and dining destinations, and just off Interstate 465, providing strong regional accessibility. Additional nearby demand generators include Community Hospital North, Ascension St. Vincent Hospital, and Kindred Hospital Indianapolis North, supporting consistent healthcare-related lodging demand. The Hotel is also within close proximity to Castleton Square Mall, Carmel City Center, Crooked Stick Golf Club, and the Indiana State Fairgrounds & Event Center, which collectively drive year-round business, leisure, and event-related visitation. Moreover, the surrounding Keystone Crossing and North Indianapolis submarkets are known for their concentration of corporate offices, upscale retail, and dining. Indianapolis is the capital of Indiana and one of the largest metropolitan areas in the Midwest, supported by a diverse economy including healthcare, life sciences, logistics, finance, and advanced manufacturing. The Keystone Crossing submarket is recognized as one of the city’s most affluent and desirable areas, with strong demographics, high household incomes, and continued commercial development. The submarket’s proximity to downtown Indianapolis, major highways, and regional amenities makes it a key hub for both business and leisure travel. With strong market fundamentals, recent renovations, and a premium location, the Property offers a compelling opportunity for investors seeking stable cash flow and long-term growth. BROKER OF RECORD Julia Evinger Indiana P: (317) 218-5300 Lic #: RB14040143

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

124

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Home2 Suites by Hilton Indianapolis Keystone

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1991

PARKING SPACES

147

LAND DETAILS

LAND ACRES

2.77 AC

LAND SF

120,748 SF

ZONING

C-4

APN/PARCEL ID

49-02-18-112-028.000-800

ASK ABOUT THIS PROPERTY

Michael KlarMarcus & MillichapMore Info
248-914-2183

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Michael KlarMarcus & MillichapMore Info
248-914-2183

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