This Hospitality Property is no longer advertised on LoopNet.com.

6990 E 21st St
Indianapolis, IN 46219

Value Add Opportunity - Indianapolis Hotel · Hospitality Property For Sale · 108,000 SF

INVESTMENT HIGHLIGHTS

  • High Profile Interstate Location with Proximity to Downtown Indianapolis
  • Up-Branding or Alternative-Use Potential
  • Strong STR Comp. Set Performance Occupancy 75.4%, ADR 70.21, RevPAR $52.95
  • Mid-Rise Hotel Building with Commercial Space
  • Value-Add Opportunity / Priced to Sell
  • Enhance Performance via Restaurant Lease & Utilization of Banquet Space

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.55 AC
Building Size 108,000 SF
No. Stories 6
Year Built/Renovated 1969/2000
Parking Ratio 4.87/1,000 SF
Corridor Interior

AMENITIES

  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi

PROPERTY TAXES

ZONING

Zoning Code C4
  • Listing ID: 26109790

  • Date on Market: 7/7/2022

  • Last Updated:

  • Address: 6990 E 21st St, Indianapolis, IN 46219