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9765 Crosspoint BlvdIndianapolis, IN 46256
Residence Inn (Indianapolis Fishers)
Asset ClassHotel & Hospitality
# Keys: 78Year Built: 1996Year Renovated: 2026Access Data Room
Renovation Underway | Performance Positioned to Accelerate
overview of deal

Overview

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.

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Investment Highlights

  • Turnkey, Newly Renovated Asset: PIP completion expected Q3 2026, delivering a like-new Marriott asset.
  • Recovery Upside: Stable ADR Index with softer Occupancy Index highlights demand recovery potential as renovations conclude, designed for extended stay demand.
  • Premium Extended-Stay Product: 78 all-suite Residence Inn with full kitchens and spacious layouts designed for extended stay demand.
  • Marriott Brand Advantage: Backed by Marriott Bonvoy's powerful loyalty platform and global distribution network.
  • Prime North Loop Location: Positioned near major employers, healthcare campuses, and universities supporting diversified year-round demand.
  • Diverse Demand Drivers: Benefits from corporate, healthcare, education, and entertainment demand throughout the Indianapolis market.
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9765 Crosspoint BlvdIndianapolis, IN 46256

Sales Team

Ami BhowBroker

License #: AZ #SA704817000

(917) 596-6578abhow@newgenadv.com
Andrew PostBroker of Record

License #: IN #RB20000344

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