Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the WoodSpring Suites Indianapolis Airport South, a four-story limited service hotel located in Indianapolis, Indiana. The newer-built hotel consists of 100 guest rooms and offers amenities such as a spacious lobby/great room, guest laundry facilities, and vending machines. The WoodSpring Suites Indianapolis Airport South is strategically located just minutes from Indianapolis International Airport, off Interstate 465. Located in Indiana's state capital, the hotel provides seamless access to the city's key business and cultural landmarks, including the iconic Indy 500, the headquarters of the NCAA, the home of the Colts and Pacers, and various corporate headquarters such as Eli Lilly. The hotel is near major corporate offices, including the Rolls-Royce Regional Customer Training Center and Allison Transmission, as well as top universities such as IU Indianapolis, and offers easy access to nearby attractions like Biltwell Event Center, the Indianapolis Zoo, White River State Park, the Indiana State Museum, and more. The WoodSpring Suites Indianapolis Airport South represents the opportunity to acquire franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Indianapolis region.