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7314 E 21st St
Indianapolis, IN 46219
Red Roof Inn Indianapolis East · Hospitality Property For Sale · 22,464 SF

INVESTMENT HIGHLIGHTS

  • City of Indianapolis / Limited Hotel Availability
  • Excellent upside Opportunity (Per STR Report)
  • Close to Room Night Generators
  • Interstate Location (I70) Minutes from Downtown
  • Excellent Condition / Nominal PIP Anticipated
  • Priced to Sell

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.50 AC
Building Size 22,464 SF
No. Stories 2
Year Built/Renovated 1980/2018
Tenancy Single
Parking Ratio 3.39/1,000 SF
Corridor Exterior
Zoning CM - Commercial Motel

AMENITIES

  • Room Service
  • Hot Tub
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-07-25-106-010.000-700
Land Assessment
$718,600
Improvements Assessment
$312,900
Total Assessment
$1,031,500
  • Listing ID: 35730834

  • Date on Market: 5/3/2025

  • Last Updated:

  • Address: 7314 E 21st St, Indianapolis, IN 46219

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