Property summary
This four-story, 121-key Best Western Plus hotel in Indianapolis, Indiana, presents a compelling investment opportunity. Built in 1990, the property boasts a prime location ten miles northwest of downtown, directly off I-465 near the I-65 interchange, placing it within easy reach of major attractions like Lucas Oil Stadium and the Indianapolis Motor Speedway. The hotel benefits from established, attractive revenues and cash flow, projected to reach $2,700,000 in 2024, representing a… year-to-date increase of $300,000. Currently under absentee ownership, the property offers significant upside potential for an owner-operator. Minimal capital expenditures are anticipated upon transfer, and the property is likely eligible for an automatic transfer for existing Best Western members. The asking price is $8,999,999. This presents a rare chance to acquire a renovated hotel in a desirable market with strong revenue streams and substantial growth opportunities. The property is located at 7220 Woodland Dr, Indianapolis, IN 46278. The hotel's 121 rooms are housed within a single building.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
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Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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