7220 Woodland Dr - Hospitality FOR SALE
Indianapolis, IN 46278 |
$8,750,000 USD
216-906-2944
7220 Woodland Dr
Indianapolis, IN 46278
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
FOR SALE DETAILS
PRICE
$8,750,000 USD
PRICE/SF
$193 USD /SF
# OF ROOMS
121
PRICE/ROOM
$72,314 {currency}
CAP RATE
Request Cap Rate
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Best Western Plus Indianapolis NW Hotel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1990
PARKING SPACES
118
LAND DETAILS
LAND ACRES
2.33 AC
LAND SF
101,495 SF
ZONING
Hotel
APN/PARCEL ID
49-04-26-120-006.000-600
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216-906-2944
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216-906-2944
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