Overview
HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 84-room Fairfield Inn & Suites Whitestown Indianapolis NW (“Hotel” or “Property”), situated at 6035 Perry Worth Rd, Whitestown, IN 46075.
The Fairfield Inn & Suites Whitestown Indianapolis NW presents a compelling opportunity to acquire a newly built, well-located, and strong-performing hotel with considerable upside. Opened recently, the Property is still in its ramp-up phase, already demonstrating impressive growth with a 26%+ year-to-date increase in RevPAR. Positioned within one of the Indianapolis metro area’s most dynamic submarkets, the Hotel is surrounded by a diverse mix of demand drivers, including large-scale industrial and logistics parks, Fortune 500 employers, research and innovation districts, retail and dining destinations, and nationally recognized leisure attractions.
Whitestown itself has emerged as one of Indiana’s fastest-growing municipalities, with its population surging by more than 200% between 2010 and 2020 and continuing on an upward trajectory. This rapid growth has been fueled by its strategic location just 20 minutes northwest of downtown Indianapolis, offering seamless access to Interstate 65 and the Indianapolis International Airport. The area has attracted significant private and public investment, including the AllPoints at Anson Industrial Park, 65 Commerce Park, and the LEAP Lebanon Innovation and Research District, all of which are expected to bring thousands of jobs. Corporate presence from companies such as Eli Lilly, Amazon, Bayer, and Honeywell further strengthens the area’s economic base. With a blend of strong industrial activity, ongoing population expansion, and mixed-use community development, Whitestown has become a thriving hub of business and leisure, solidifying the long-term outlook for lodging demand.
Investment Highlights
Recently Built Premium Branded Property with Minimal PIP Requirements
The Property, having opened in 2024, is not expected to require a change-of-ownership property improvement plan under Marriott’s brand standards. The Hotel was built using ICF (insulated concrete form) construction, which will provide potential buyers with benefits from energy efficiencies and lower insurance costs.
Strong Performance with Continued RevPAR Growth
During its first year of operation and in the current T-12, the Hotel achieved NOI flow-through of over 38%. The July 2025 YTD RevPAR exhibited a 26.6% increase over the previous year, highlighting continued growth as the Property continues its ramp-up.
Proximity to Strong and Diverse Demand Generators
The Hotel benefits from its proximity to major employers and developments like the AllPoints at Anson Industrial Development, 65 West Commerce Park Development, Park 130, Indianapolis Logistics Park, LEAP Lebanon Innovation and Research District (with significant investment from Eli Lilly), Pageant Commons, NOV Inc., Bayer, Amazon, FCA, Honeywell, and the future home of the Little League World Series Headquarters - The Little League Central Region Complex, providing a steady flow of business and event-related guests.
Strategically Located in Growth Corridor off Interstate 65 near Downtown Indianapolis
The Property enjoys excellent visibility and accessibility, just 18 miles from downtown Indianapolis, situated directly along Interstate 65, a major north-south corridor stretching from Chicago to Mobile, Alabama. The I-65 corridor between Chicago and Indianapolis has experienced substantial investment and growth, further enhancing its role as a critical transportation route, with direct connections to key markets such as Indianapolis, Louisville, Nashville, and Birmingham.
Offered Unencumbered by Management
The Hotel is offered unencumbered by management, allowing a new owner to self-operate or engage a third-party manager. This flexibility presents upside through enhanced operations, cost controls, and more aggressive yield management.
Positive Momentum in the Indianapolis Market
A number of new developments in the area have further enhanced Indianapolis’ allure as a corporate, group, and leisure destination, including the expansion of the Indiana Convention Center, the redevelopment of the former Market Square Arena, and the extension of the Cultural Trail.
Fee Simple Interest
The Property will be offered as fee simple.
Offered Well Below Replacement Cost
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