Home2 Suites by Hilton Indianapolis Keystone 9104 Keystone Crossing 124 Room Hotel Indianapolis, IN 46240 For Sale

Upper Midscale Extended-Stay Brand: 124-Room, Six-Story Home2 Suites Catering to Extended-Stay and Corporate Travelers, Operating Under the Globally Recognized Hilton Platform
Recent Renovation Completed: Fully Renovated in 2023, Minimizing Near-Term Capital Requirements
Prime Keystone Crossing Location: Adjacent to The Fashion Mall at Keystone with Walkable Access to High-End Retail and Dining
Strong Healthcare Demand Drivers: Near Community Hospital North, Ascension St. Vincent Hospital, and Kindred Hospital Indianapolis North
Excellent Regional Connectivity: Immediate Access to Interstate 465 Supporting Business and Transient Travel
Affluent Submarket Positioning: Located in One of Indianapolis’ Most Desirable and High-Income Areas
Diverse Demand Generators: Close to Castleton Square, Carmel City Center, Crooked Stick Golf Club, and Indiana State Fairgrounds
Extended-Stay Amenities: In-Room Kitchens, Digital Key Access, and Flexible Living Spaces
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Home2 Suites by Hilton Indianapolis Keystone Crossing (‘Hotel’ or ‘Property’) located at 9104 Keystone Crossing in Indianapolis, Indiana. The upper midscale, extended-stay Hilton-branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information.
Situated on approximately 2.77 acres, the Property features 124 guest rooms across six stories totaling approximately 57,125 square feet. Renovated in 2023, the Hotel offers a modern extended-stay concept with in-room kitchens, digital key access, and flexible living spaces designed for both short-term and long-term guests. The Property includes a strong amenity package featuring complimentary breakfast, fitness center, meeting space (780 Square Feet), 147 parking spaces, and extended-stay accommodations, positioning it competitively within the Keystone Crossing submarket.
The Property benefits from an exceptional location adjacent to The Fashion Mall at Keystone, one of Indiana’s premier luxury shopping and dining destinations, and just off Interstate 465, providing strong regional accessibility. Additional nearby demand generators include Community Hospital North, Ascension St. Vincent Hospital, and Kindred Hospital Indianapolis North, supporting consistent healthcare-related lodging demand. The Hotel is also within close proximity to Castleton Square Mall, Carmel City Center, Crooked Stick Golf Club, and the Indiana State Fairgrounds & Event Center, which collectively drive year-round business, leisure, and event-related visitation. Moreover, the surrounding Keystone Crossing and North Indianapolis submarkets are known for their concentration of corporate offices, upscale retail, and dining.
Indianapolis is the capital of Indiana and one of the largest metropolitan areas in the Midwest, supported by a diverse economy including healthcare, life sciences, logistics, finance, and advanced manufacturing. The Keystone Crossing submarket is recognized as one of the city’s most affluent and desirable areas, with strong demographics, high household incomes, and continued commercial development. The submarket’s proximity to downtown Indianapolis, major highways, and regional amenities makes it a key hub for both business and leisure travel. With strong market fundamentals, recent renovations, and a premium location, the Property offers a compelling opportunity for investors seeking stable cash flow and long-term growth.
BROKER OF RECORD
Julia Evinger
Indiana
P: (317) 218-5300
Lic #: RB14040143