7220 Woodland Dr | Indianapolis, IN 46278
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- LoopNet Team
7220 Woodland Dr
Indianapolis, IN 46278
Best Western Plus Indianapolis NW Hotel · Hospitality Property For Sale
·
50,468 SF
INVESTMENT HIGHLIGHTS
- Minimal PIP - Expected AutoTransfer Eligibility
- $21 Behind CompSet RevPAR - Potential for $2.6M+ Revenue
- New Financing In-Place and Available
- Revenue up $140,000 YTD 2024
- Absentee Owned - Major Operational Upside
- Within 10 Miles of Downtown Indianapolis (30M annual Visitors), Lucas Oil Stadium, Indianapolis Motor Speedway, and NCAA Hall of Champions
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1990/2018 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.33 AC | Parking Ratio | 2.34/1,000 SF |
| Building Size | 50,468 SF | Corridor | Interior |
| Zoning | CS | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.33 AC |
| Building Size | 50,468 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1990/2018 |
| Tenancy | Single |
| Parking Ratio | 2.34/1,000 SF |
| Corridor | Interior |
| Zoning | CS |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 49-04-26-120-006.000-600 | Improvements Assessment | $2,750,500 |
| Land Assessment | $1,228,100 | Total Assessment | $3,978,600 |
PROPERTY TAXES
Parcel Number
49-04-26-120-006.000-600
Land Assessment
$1,228,100
Improvements Assessment
$2,750,500
Total Assessment
$3,978,600
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