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Property profile & analytics
OFF-MARKET Estimated value $815,000
Hotels

8670 Allisonville Rd Indianapolis, IN 46250-1678

55,409 SF 5.82 ac lot Built 1986
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-0039153
Property summary
AI-generated overview

This exceptional investment opportunity presents the Courtyard Indianapolis Castleton, a 146-key hotel ideally situated at 8670 Allisonville Rd, Indianapolis, IN 46250, within Marion County. Classified as a hospitality property, this hotel is part of a larger portfolio and is available for individual acquisition. Its precise location offers convenient access to key areas within Indianapolis, though specific details regarding proximity to attractions or transportation hubs are not provided in the available information. The property's performance data and financial details are available through the provided link, offering potential investors a comprehensive understanding of its revenue streams and operational history. This 146-key hotel presents a compelling opportunity for investors seeking a well-established hospitality asset in a thriving market. Further details regarding amenities, building specifications, and operational aspects can be accessed via the provided link. Serious inquiries are encouraged to explore this promising investment prospect. The property is ready for immediate consideration by qualified buyers. This is a turnkey operation, offering a seamless transition for the new owner. The property's strong market position and established brand recognition contribute to its overall appeal and potential for future growth. Interested parties should review the provided link for complete details.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1986
Construction WOOD
Total area 55,409 SF
Lot 5.82 ac (253,441 SF)
Zoning code ZO01
APN 49-02-16-115-008.000-800
UPID US31-0039153
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Courtyard Indianapolis Castleton Hotel & Motel
  • Thomacine Haywood Reflexology Training Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$815k
Owner & transaction history
C2 Land · 20 yrs held
C2 Land
since 2006
7 recorded transactions
2025
Price N/A
2025
Price N/A
2024
Price N/A
2020
Price N/A
2006
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
ZO01 · Indianapolis, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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