Hotel-Motel
Red Carpet Inn Clarksville IN
2016 Hospitality Way, Clarksville, IN 47129
Listing Price: $1,900,000
Investment Overview
The Red Carpet Inn in Clarksville, Indiana offers a compelling value-add or repositioning opportunity at ~$17,347/unit — well below replacement cost — on a 2.25-acre lot in one of Southern Indiana's most active development corridors. With River Ridge Commerce Center supporting 13,300-plus jobs nearby, a $226 Million mixed-use redevelopment underway in South Clarksville, and comparable hotels like the Hampton Inn on Broadway recently trading and undergoing full renovation, this 98-unit, 1984-built asset sits at the intersection of strong corporate demand and a market primed for hospitality upgrades.
Red Carpet Inn Clarksville IN
Investment Highlights
- Clarksville, Indiana has become One of the Stronger Redevelopment and Hospitality Growth Stories in the Louisville MSA
- Southern Indiana Tourism's Feasibility Study for a Southern Indiana Conference Center Points to Future Group Demand and Hotel Development Opportunity
- River Ridge Commerce Center Hit Nearly $3.6 Billion in Economic Impact in 2025, with Onsite Employment Surpassing 13,300 Jobs a Steady Source of Business Travel Demand for Area Hotels
Exclusively Listed By
Broker of Record
Listing Price: $1,900,000
Investment Highlights
- Clarksville, Indiana has become One of the Stronger Redevelopment and Hospitality Growth Stories in the Louisville MSA
- Southern Indiana Tourism's Feasibility Study for a Southern Indiana Conference Center Points to Future Group Demand and Hotel Development Opportunity
- River Ridge Commerce Center Hit Nearly $3.6 Billion in Economic Impact in 2025, with Onsite Employment Surpassing 13,300 Jobs a Steady Source of Business Travel Demand for Area Hotels
Investment Overview
The Red Carpet Inn in Clarksville, Indiana offers a compelling value-add or repositioning opportunity at ~$17,347/unit — well below replacement cost — on a 2.25-acre lot in one of Southern Indiana's most active development corridors. With River Ridge Commerce Center supporting 13,300-plus jobs nearby, a $226 Million mixed-use redevelopment underway in South Clarksville, and comparable hotels like the Hampton Inn on Broadway recently trading and undergoing full renovation, this 98-unit, 1984-built asset sits at the intersection of strong corporate demand and a market primed for hospitality upgrades.
Exclusively Listed By
Broker of Record
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