Residence Inn (Indianapolis Fishers) is a Marriott-branded extended-stay asset positioned in one of Indianapolis' most established lodging submarkets, arriving on the market at the exact moment its performance is set to gain momentum.
A comprehensive Property Improvement Plan is scheduled for completion in the third quarter of 2026, meaning the incoming owner steps into a like-new Marriott asset without absorbing the execution risk, cost overruns, or displacement typically associated with a major renovation. The heavy lifting is complete, positioning the property for its next owner to capture the upside.
Positioned in Indianapolis' North Loop, the property sits at the intersection of corporate, healthcare, and educational demand generators, a diversified base that insulates the asset from the single-industry exposure that makes many lodging markets vulnerable across cycles. The proof is already in the performance: even before renovation completion, the hotel is outperforming its competitive set— validating the strength of the brand and location while the full benefit of the PIP remains ahead.
*Images shown reflect the property’s pre-renovation condition. Renovations are currently underway.