Well-located hotel in Shelbyville, IN just southeast of Indianapolis with convenient access to Interstate 74.
Strong combination of in-place cash flow and long-term stability, supported by a diverse demand base including nearby manufacturing employers such as Knauf Insulation and Ryobi Die Casting, as well as leisure demand from Indiana Grand Racing & Casino.
Proximity to major Indianapolis demand drivers including the Indiana Convention Center, Lucas Oil Stadium, and leading employers such as Eli Lilly and Company and Salesforce.
57 total keys with a 15-year license extension.
Building size of ± 32,516 SF on ± 1.99 acres.
Year built 1999, with renovation scheduled for 2025.
Upper midscale class with interior corridor and three stories.
Amenities include fitness center, event space, pool, free hot breakfast, free Wi-Fi, meeting rooms, pet friendly rooms, and digital key.
2024 projected occupancy of 69.70% with ADR of $136.16 and RevPAR of $94.84.