ASKING PRICE: $15,000,000
Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the Embassy Suites Indianapolis North (hereinafter “Property” or “Hotel”), a full-service hotel located in Indianapolis, Indiana. The Property offers a strong, full-service hospitality experience in a highly accessible location just off I-465, making it a convenient hub for corporate, group, and leisure demand alike. Surrounded by a dense concentration of office parks and with easy connectivity to downtown Indianapolis, the hotel benefits from steady business travel while also capturing weekend and event-driven guests.
CMBS Assumable Debt – As of July 2026, the Embassy has $18,250,000 in assumable CMBS debt through PNC that matures in March of 2028 and is currently at a 5.3% interest rate. The loan can either be assumed, or the buyer can defease the loan. The debt details are found in the data portion of the site.
The Property is an eight-story, interior corridor hotel which opened in 1985. The Hotel has on-site dining, complimentary evening reception, meeting space, indoor pool, fitness center, room service, and Wi-Fi Internet access. The Property offers 221 nonsmoking guestrooms and suites with both king and queen beds.