Hotels for Sale

Waterfront Hotel and Conference Center

Address:
Indianapolis, Indiana
Description:

UNDER CONTRACT

•Fee simple interest in the 137-room, 7+ acre Waterfront Hotel & Conference Center offered at a substantial discount to replacement cost
•Walk-in double digit cash-on-cash return for a new buyer
•Branding options available including Choice and Wyndham hotels
•Approximately $1.2MM ($9,000 per key) of CapEx improvements completed since 2013
•Situated three miles from the Indianapolis Motor Speedway, home of the Indy 500 and Brickyard 400
•Adjacent to I-74 and I-465 interchange with upwards of 80,000 vehicles passing the location daily
•Optimal location in the heart of Indianapolis proximate to the city’s largest employers including Rolls Royce, Eli Lilly & Company, and St. Vincent Health
•Proximate to all regional demand including Lucas Oil Raceway, The Indianapolis International
Airport, Lucas Oil Stadium, and The Indianapolis Motor Speedway

Listing Agents

Mike Schlictman
T | 803.920.4173
Email Agent

Hussain Waseem
T | 773.526.8713
Email Agent

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