9765 Crosspoint Blvd | Indianapolis, IN 46256
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- LoopNet Team
9765 Crosspoint Blvd
Indianapolis, IN 46256
Residence Inn Indianapolis Fishers · Hospitality Property For Sale · 55,526 SF
Investment Highlights
- Fee simple interest offered at a fraction of replacement cost, unencumbered of debt and management with upside potential.
- Upscale, premium-branded extended stay asset in a Top 10 Midwest metro region with average pre-COVID trailing 36-month RevPAR of +$89.
- Property and market outperform national occupancy, running ~54% over the trailing three months, and a consistent pre-COVID occupancy of 75%.
- Ability to retain the Marriott flag for a long-term license upon completing the PIP or exit and rebrand to another flag or convert the property.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1996/2012 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.25 AC | Parking Ratio | 1.37/1,000 SF |
| Building Size | 55,526 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.25 AC |
| Building Size | 55,526 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1996/2012 |
| Tenancy | Single |
| Parking Ratio | 1.37/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
PROPERTY TAXES
| Parcel Number | 29-14-12-003-013.000-006 | Improvements Assessment | $2,615,500 |
| Land Assessment | $1,125,000 | Total Assessment | $3,740,500 |
PROPERTY TAXES
Parcel Number
29-14-12-003-013.000-006
Land Assessment
$1,125,000
Improvements Assessment
$2,615,500
Total Assessment
$3,740,500
zoning
| Zoning Code | C-1 (Commercial) |
| C-1 (Commercial) |
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