Offer Memorandum with Hotel address and other confidential information will be provided after completion of NDA and proof of financial capacity to purchase.
A Diamond in the Rough: an established, cash-flowing 160-room hotel with more than 40 years serving a loyal local clientele — now positioned for a new owner to unlock substantial upside.
Scale Advantage: at 160 rooms, the Property is significantly larger than most independent properties in its class, giving new ownership meaningful room-count leverage for revenue growth.
Stable Base, Ready for Growth: 2026 revenue is tracking in line with 2025 — a stable foundation ready for a rejuvenation strategy under new ownership.
Capital-Light Entry Point: the roof was fully replaced just 3 years ago and remains in excellent condition — a major capital item already addressed by current ownership. The primary remaining needs are exterior resurfacing and room renovations.
Meaningful Rate & Occupancy Upside: current occupancy of ~39% and ADR of $56 leave significant room to grow — a target of 45%+ occupancy and $62+ ADR is conservative and achievable and remains highly competitive with the surrounding market.
Accessible Financing: SBA and local bank financing of up to $3.3M is available to a qualified new owner, meaningfully reducing the equity required to acquire and reposition the asset.
Favorable Market Dynamics: located within the Indianapolis, IN MSA, near major employers, healthcare campuses, and with strong interstate highway access
— a market positioned to support a growth and repositioning plan.