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Hotel-Motel

Sleep Inn Indianapolis

2311 Shadeland Ave, Indianapolis, IN 46219

Listing Price: Request For Offer

Number of Rooms
123
RevPAR
$40
Gross SF
71,968
Year Built
1989

Investment Overview

The Sleep Inn is a modern hotel that offers comfortable accommodations and a wide range of amenities. The hotel was formerly operated as a Baymont Inn & Suites until April of 2020, when it was rebranded as an independent property. In June of 2021, the hotel was opened as a Sleep Inn. The hotel has 123 rooms spread across four stories and sits on 1.9 acres of land. Guests can choose from a variety of room types, including standard rooms and accessible rooms. All rooms are equipped with comfortable beds, flat-screen TVs, and free Wi-Fi. In addition to the guest rooms, the hotel also offers a range of amenities to help guests relax and stay productive during their stay. The on-site fitness center is equipped with a range of cardiovascular and strength-training equipment, while the business center offers a quiet space to work or print documents. The hotel also has meeting rooms available for rent and offers a Grab N Go breakfast for guests on the go. Laundry facilities are also available on-site. Overall, the Sleep Inn is a great choice for travelers looking for a comfortable, modern hotel with a range of amenities. Whether you're in town for business or pleasure, the hotel offers everything you need for a relaxing and enjoyable stay.

Investment Highlights

  • Proximate to Major Demand Generators: FedEx World Hub, Indianapolis Motor Speedway, Rolls Royce, Downtown Indianapolis, and More.
  • Major capital expenditures during the renovations & rebranding of the Property have resulted in a decrease in Repairs & Maintenance expenses from 2021-2022.
  • The T-12, a series of revenues earned over a twelve-month period, from November 2021 to October 2022 shows that total revenue earned over this period is $1,845,281.71.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Hotel-Motel

Sleep Inn Indianapolis

Listing Price: Request For Offer

Number of Rooms
123
RevPAR
$40
Gross SF
71,968
Year Built
1989

Investment Highlights

  • Proximate to Major Demand Generators: FedEx World Hub, Indianapolis Motor Speedway, Rolls Royce, Downtown Indianapolis, and More.
  • Major capital expenditures during the renovations & rebranding of the Property have resulted in a decrease in Repairs & Maintenance expenses from 2021-2022.
  • The T-12, a series of revenues earned over a twelve-month period, from November 2021 to October 2022 shows that total revenue earned over this period is $1,845,281.71.

Investment Overview

The Sleep Inn is a modern hotel that offers comfortable accommodations and a wide range of amenities. The hotel was formerly operated as a Baymont Inn & Suites until April of 2020, when it was rebranded as an independent property. In June of 2021, the hotel was opened as a Sleep Inn. The hotel has 123 rooms spread across four stories and sits on 1.9 acres of land. Guests can choose from a variety of room types, including standard rooms and accessible rooms. All rooms are equipped with comfortable beds, flat-screen TVs, and free Wi-Fi. In addition to the guest rooms, the hotel also offers a range of amenities to help guests relax and stay productive during their stay. The on-site fitness center is equipped with a range of cardiovascular and strength-training equipment, while the business center offers a quiet space to work or print documents. The hotel also has meeting rooms available for rent and offers a Grab N Go breakfast for guests on the go. Laundry facilities are also available on-site. Overall, the Sleep Inn is a great choice for travelers looking for a comfortable, modern hotel with a range of amenities. Whether you're in town for business or pleasure, the hotel offers everything you need for a relaxing and enjoyable stay.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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