Comfort Inn Indianapolis North - Carmel, IN
10290 Pennsylvania Pkwy, Indianapolis, IN 46280
PROPERTY SUMMARY
Opportunity
- Fee-simple interest in the 80-key Comfort Inn to Spark Conversion, Carmel IN
- Potential ability to retain the Comfort Inn flag, subject to discussions with Choice
- Offered unencumbered by debt and management
- Significant operational upside in transferring from absentee ownership to more hands-on operations
Location
- Situated directly off US Route 31 and Interstate 465, two of the region’s primary corridors, offering convenient access to downtown and broader Indianapolis
- Surrounded by major employers in the Meridian Corporate Corridor, including CNO Financial, KAR Global, Liberty Mutual, and tech firms like Zotec Partners and Allegion
- Carmel is home to more than 130 corporate headquarters
- Near top leisure and cultural attractions, including the Carmel Arts & Design District, Monon Trail, Grand Park Sports Campus, and the acclaimed Center for the Performing Arts, which attracts several hundred thousand visitors per year
- Proximate to major healthcare facilities, including Ascension St. Vincent Carmel Hospital and IU Health North Hospital, which together serve more than 1MM patients annually
- Located within five miles of higher education institutions, including Marian University and Butler University
- Serviced by Indianapolis International Airport, which saw over 10MM passengers in 2024, a 10% increase over 2023
- Ideally located in the affluent suburb of Carmel, part of the fast-growing Indianapolis MSA, home to more than 2MM residents
