CANDLEWOOD SUITES INDIANAPOLIS-SOUTH

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 83-room Candlewood Suites located in Greenwood, Indiana, a suburb of Indianapolis. The hotel is a three-story property built in 2008 and located just off I-65. Candlewood Suites Indianapolis-South provides the opportunity for a new owner to acquire an extended stay, select-service IHG hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the IHG name, reservation system, and loyal base of guests.

INVESTMENT HIGHLIGHTS

• June '26 Candlewood T-12 RevPAR Increased 1.7% YOY
• June '26 Candlewood T-3 RevPAR Increased 12.5% YOY and 10.8% for the Comp. Set
• Located in a Top-35 MSA
• Property is Located Just off I-65
• Adjacent to OrthoIndy Greenwood Hospital (0.6 Miles)
• Also Proximate to Downtown Indianapolis, Indianapolis International Airport, ULTA Distribution Center, University of Indianapolis, and More