Log In/Sign Up
Your email has been sent.
Comfort Suites Near Indianapolis Airport 2750 Fortune Cir W 70 Room Hotel Indianapolis, IN 46241 For Sale
INVESTMENT HIGHLIGHTS
- Over 150,000 vehicles travel along I-465 daily. High visibility with 150,000+ daily drivers on I-465 Strategically located along I-465 interstate
- Indianapolis International Airport (IND) serves as a dynamic mid-sized hub that caters to a diverse mix of travelers. The market is a blend of leisure
- In 2024, Indianapolis International Airport welcomed 10.5 million visitors, up from 9.7 million in 2023 — marking a significant year-over-year increas
EXECUTIVE SUMMARY
We are pleased to offer for sale the Comfort Suites located just minutes from the Indianapolis International Airport. This hotel has consistently demonstrated strong performance, generating significant revenue over the past four years. The property's strategic location, paired with its affiliation with the well-recognized Comfort Suites brand under Choice Hotels, has contributed to a solid and stable cash flow. With excellent guest satisfaction and high occupancy rates, the hotel is an ideal investment opportunity for buyers seeking a dependable income-producing asset.
The property is situated in a high-demand area, benefiting from immediate access to major highways and being just a 10-minute drive from the airport. It is also conveniently located near major Indianapolis attractions, including the Indianapolis Motor Speedway, Lucas Oil Stadium, the Indiana Convention Center, the Indianapolis Zoo, and the Children’s Museum. The area is part of a vibrant submarket that serves both corporate and leisure travelers. The surrounding region continues to grow, with a population exceeding 128,000 within a 5-mile radius, and is projected to experience significant household and income growth over the next five years.
Indianapolis has recently been ranked one of the top housing and business markets in the Midwest, with a strong economy driven by sectors such as logistics, healthcare, and life sciences. The city hosts over 29 million visitors annually, contributing approximately $5.6 billion to the local economy and supporting more than 82,000 jobs in the hospitality sector. This hotel benefits from that economic engine, with its proximity to the airport and key demand drivers placing it in a prime position for continued success.
There is also substantial upside potential. Opportunities exist to enhance food and beverage offerings, attract more group bookings due to its proximity to the convention district and Speedway, and improve operational efficiencies. Additionally, the asset is well-positioned for a soft brand conversion or an upgrade to a lifestyle-focused flag, which could increase the average daily rate (ADR) and broaden its guest base.
In summary, this Comfort Suites represents a rare opportunity to acquire a well-performing, strategically located hotel in a dynamic and growing market. It is ideal for investors or owner-operators looking for a stable yet value-add hospitality asset with long-term upside. Please contact us for detailed financial information, cap rate analysis, and additional details.
The property is situated in a high-demand area, benefiting from immediate access to major highways and being just a 10-minute drive from the airport. It is also conveniently located near major Indianapolis attractions, including the Indianapolis Motor Speedway, Lucas Oil Stadium, the Indiana Convention Center, the Indianapolis Zoo, and the Children’s Museum. The area is part of a vibrant submarket that serves both corporate and leisure travelers. The surrounding region continues to grow, with a population exceeding 128,000 within a 5-mile radius, and is projected to experience significant household and income growth over the next five years.
Indianapolis has recently been ranked one of the top housing and business markets in the Midwest, with a strong economy driven by sectors such as logistics, healthcare, and life sciences. The city hosts over 29 million visitors annually, contributing approximately $5.6 billion to the local economy and supporting more than 82,000 jobs in the hospitality sector. This hotel benefits from that economic engine, with its proximity to the airport and key demand drivers placing it in a prime position for continued success.
There is also substantial upside potential. Opportunities exist to enhance food and beverage offerings, attract more group bookings due to its proximity to the convention district and Speedway, and improve operational efficiencies. Additionally, the asset is well-positioned for a soft brand conversion or an upgrade to a lifestyle-focused flag, which could increase the average daily rate (ADR) and broaden its guest base.
In summary, this Comfort Suites represents a rare opportunity to acquire a well-performing, strategically located hotel in a dynamic and growing market. It is ideal for investors or owner-operators looking for a stable yet value-add hospitality asset with long-term upside. Please contact us for detailed financial information, cap rate analysis, and additional details.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Third Party Reports
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 70 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2009 |
| Building Class | B | Parking Ratio | 2.62/1,000 SF |
| Lot Size | 4.16 AC | Corridor | Interior |
| Building Size | 33,616 SF | ||
| Zoning | ZO01 - commercial | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.16 AC |
| Building Size | 33,616 SF |
| No. Rooms | 70 |
| No. Stories | 3 |
| Year Built | 2009 |
| Parking Ratio | 2.62/1,000 SF |
| Corridor | Interior |
| Zoning | ZO01 - commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 70 | $154.00 | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $3,560,600 | |
| Land Assessment | $875,400 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $2,685,200 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$875,400
Improvements Assessment
$2,685,200
Total Assessment
$3,560,600
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
1 of 78
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Contact the Sale Advisor
Comfort Suites Near Indianapolis Airport | 2750 Fortune Cir W
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.