HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 76-room Muncie Place Hotel and Suites (“Hotel” or “Property”), situated at 4201 W Bethel Ave Muncie, IN 47304.

The subject property represents a compelling hospitality-oriented development opportunity within a stable Midwestern metro anchored by higher education, regional healthcare, and a diverse corporate and industrial employment base. The immediate trade area benefits from proximity to Ball State University, IU Health Ball Memorial Hospital, First Merchants Corporation headquarters, and multiple regional recreation and cultural destinations such as Minnetrista Museum & Gardens and the Cardinal Greenway, all within a short drive of the site.

Muncie’s economic foundation is highly diversified for a secondary market: education and healthcare serve as the primary employers, while finance, logistics, manufacturing, rail-related industry, and professional services expand the local employment footprint. This mix creates consistent base-line hotel, housing, and commercial services demand—driven by visiting academics, sports travel, business travelers, healthcare patients and families, industrial service vendors, and recreational tourism.

The site’s key locational advantages include excellent neighborhood accessibility, adjacency to major arterial roads, proximity to the BSU campus, and quick access to the commercial corridors along McGalliard Road. These combined attributes position the property as highly suitable for a focused-service hotel, multifamily, select-service hospitality, or mixed-use commercial concept catering to students, visiting families, professionals, hospital-related visitors, and regional leisure travelers.