Hotel-Motel
Candlewood Suites Indianapolis South
1190 N Graham Rd, Greenwood, IN 46143
Listing Price: $7,100,000
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 83-room Candlewood Suites located in Greenwood, Indiana, a suburb of Indianapolis. The hotel is a three-story property built in 2008 and located just off I-65. Candlewood Suites Indianapolis-South provides the opportunity for a new owner to acquire an extended stay, select-service IHG hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the IHG name, reservation system, and loyal base of guests.
Candlewood Suites Indianapolis South
Investment Highlights
- June '26 Candlewood T-3 RevPAR Increased 12.5% YOY and 10.8% for the Comp. Set
- Located in a Top-35 MSA
- Property is Located Just off I-65
- Adjacent to OrthoIndy Greenwood Hospital (0.6 Miles)
- Also Proximate to Downtown Indianapolis, Indianapolis International Airport, ULTA Distribution Center, University of Indianapolis, and More
Exclusively Listed By
Broker of Record
Listing Price: $7,100,000
Investment Highlights
- June '26 Candlewood T-3 RevPAR Increased 12.5% YOY and 10.8% for the Comp. Set
- Located in a Top-35 MSA
- Property is Located Just off I-65
- Adjacent to OrthoIndy Greenwood Hospital (0.6 Miles)
- Also Proximate to Downtown Indianapolis, Indianapolis International Airport, ULTA Distribution Center, University of Indianapolis, and More
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 83-room Candlewood Suites located in Greenwood, Indiana, a suburb of Indianapolis. The hotel is a three-story property built in 2008 and located just off I-65. Candlewood Suites Indianapolis-South provides the opportunity for a new owner to acquire an extended stay, select-service IHG hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the IHG name, reservation system, and loyal base of guests.
Exclusively Listed By
Broker of Record
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