Holiday Inn Indianapolis Carmel by IHG — Sale in Carmel, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Carmel, IN 46280
  • Year built: 1990

Photos

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Description

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Holiday Inn Indianapolis Carmel (‘Hotel’ or ‘Property’) located at 251 Pennsylvania Parkway in Indianapolis, Indiana. The full-service, IHG-branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information. Situated on approximately 3.75 acres, the Property features 171 guest rooms across six stories totaling approximately 98,383 square feet. The Hotel offers a full-service amenity package including an indoor pool, fitness center, business center, and on-site Hoosier Grill & Lounge restaurant with room service. The Property also features flexible meeting and event space totaling approximately 2,160 square feet, suitable for corporate meetings, weddings, and group events. Guestrooms are well-appointed with microwaves, refrigerators, HDTVs, and complimentary Wi-Fi, catering to both business and leisure travelers. With 232 parking spaces, the Hotel is well-equipped to accommodate corporate guests and group demand. The Property benefits from a premier location within the North Meridian/Carmel submarket, one of the most desirable and affluent areas in the Indianapolis MSA. Surrounded by major corporate employers, the Hotel is located less than three miles from Liberty Mutual, Bastian Solutions, KAR Global, Zotec Partners, and Belden, generating consistent weekday business travel. The area is also anchored by leading healthcare institutions such as IU Health, St. Vincent Hospital, and regional specialty medical providers, supporting steady medical-related lodging demand. Additionally, the Property is ideally positioned near major sports and event venues including Grand Park Sports Campus and Finch Creek Fieldhouse, which drive significant tournament and youth sports travel. Leisure demand is further supported by regional destinations like Broad Ripple, Butler University, Lucas Oil Stadium, Indianapol

Market Context

This hospitality in Carmel, IN is listed for sale. The building dates to 1990. Compare it against other hospitality listings for sale in Carmel, IN — view the full market.

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