7220 Woodland Dr Indianapolis, IN 46278

This four-story, 121-key Best Western Plus hotel in Indianapolis, Indiana, presents a compelling investment opportunity. Built in 1990, the property boasts a prime location ten miles northwest of downtown, directly off I-465 near the I-65 interchange, placing it within easy reach of major attractions like Lucas Oil Stadium and the Indianapolis Motor Speedway. The hotel benefits from established, attractive revenues and cash flow, projected to reach $2,700,000 in 2024, representing a year-to-date increase of $300,000. Currently under absentee ownership, the property offers significant upside potential for an owner-operator. Minimal capital expenditures are anticipated upon transfer, and the property is likely eligible for an automatic transfer for existing Best Western members. The asking price is $8,999,999. This presents a rare chance to acquire a renovated hotel in a desirable market with strong revenue streams and substantial growth opportunities. The property is located at 7220 Woodland Dr, Indianapolis, IN 46278. The hotel's 121 rooms are housed within a single building.