6990 E 21st St | Indianapolis, IN 46219
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- LoopNet Team
6990 E 21st St
Indianapolis, IN 46219
Value Add Opportunity - Indianapolis Hotel · Hospitality Property For Sale
·
108,000 SF
INVESTMENT HIGHLIGHTS
- High Profile Interstate Location with Proximity to Downtown Indianapolis
- Up-Branding or Alternative-Use Potential
- Strong STR Comp. Set Performance Occupancy 75.4%, ADR 70.21, RevPAR $52.95
- Mid-Rise Hotel Building with Commercial Space
- Value-Add Opportunity / Priced to Sell
- Enhance Performance via Restaurant Lease & Utilization of Banquet Space
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built/Renovated | 1969/2000 |
| Building Class | C | Parking Ratio | 4.87/1,000 SF |
| Lot Size | 4.55 AC | Corridor | Interior |
| Building Size | 108,000 SF | ||
| Zoning | C4 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.55 AC |
| Building Size | 108,000 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1969/2000 |
| Parking Ratio | 4.87/1,000 SF |
| Corridor | Interior |
| Zoning | C4 |
AMENITIES
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 49-07-26-107-002.000-700 | Improvements Assessment | $1,050,000 |
| Land Assessment | $1,327,400 | Total Assessment | $2,377,400 |
PROPERTY TAXES
Parcel Number
49-07-26-107-002.000-700
Land Assessment
$1,327,400
Improvements Assessment
$1,050,000
Total Assessment
$2,377,400
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