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ListingsShelbyville, IN

Hampton Inn Shelbyville. Shelbyville, IN.

Available
  • 57 keys
  • Select Service
  • Hampton by Hilton
  • 1999 / 2025
Request OMTalk to broker
Keys
57
Brand
Hampton by Hilton
Chain Scale
Select Service
Year Built
1999
Year Renovated
2025
ADR
$136.16
RevPAR
$94.84
Occupancy
69.7%
Asking Price
$6,400,000
Encumbrance
Hilton franchise, 15-year license extension
Mgmt / Franchise
Hampton by Hilton (franchise)
Call for Offers
Open ended

Opportunity Overview

Position. Why this asset, now.

A 57-key Hampton Inn in Shelbyville, Indiana, southeast of Indianapolis with direct access to Interstate 74. The asset combines stabilized in-place cash flow with a fresh 15-year Hilton license extension and a 2025 renovation already scheduled, removing the two underwriting questions buyers ask first.

Demand draws from a diversified base. Manufacturing employers Knauf Insulation and Ryobi Die Casting anchor weekday compression. Indiana Grand Racing & Casino drives leisure on weekends. Indianapolis demand generators including the Indiana Convention Center, Lucas Oil Stadium, Eli Lilly, and Salesforce sit within commuting distance and overflow to the Shelbyville sub-market when the urban core sells out.

Guidance is $6.4M, 3.47x trailing-twelve room revenue.

  • 57 keys, upper-midscale, three stories, interior corridor.

  • Fresh 15-year Hilton license extension. 2025 renovation scheduled.

  • 2024 projected: 69. 7% occupancy, $136.16 ADR, $94.84 RevPAR.

  • Pricing $6. 4M, $112K per key, $196 per SF (32,516 SF on 1.99 acres).

  • Diversified demand: Knauf, Ryobi, Indiana Grand Casino, Indianapolis spillover.

  • Amenities: fitness, pool, event space, hot breakfast, meeting rooms, pet friendly, digital key.

Gallery

See the asset. 12 photos in the full gallery.

Full gallery and OM available on request.

Location

Where the asset sits.

Address

59 E Rampart St
Shelbyville, IN

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Hampton Inn Shelbyville FAQ

What's the asking price on the Hampton Inn Shelbyville?
$6,400,000. Confidential conversations available; the OM is gated behind NDA where applicable.
What are the property fundamentals on this Hampton by Hilton select service?
57 keys. Hampton by Hilton, Select Service segment. Built 1999, renovated 2025. Located in Shelbyville, IN. ADR: $136.16. RevPAR: $94.84. Occupancy: 69.7%. Encumbrance: Hilton franchise, 15-year license extension.
Who is the listing broker?
Luke Thompson and Nate Solomon at Matthews Hotel Markets. The team has direct relationships with the institutional, family-office, PE, and HNW buyer pools that bid this asset class.
What does Matthews's disposition process look like?
Standard 24-week playbook: engagement letter and BOV in weeks 1–4, OM and marketing launch in weeks 5–8, call-for-offers and finalist round in weeks 9–14, definitive agreement and closing in weeks 15–24. Confidential by default; broker-built underwriting on every BOV.
What's the buyer pool for a Select Service hotel like this in Shelbyville?
Select Service assets in this market range typically draw a buyer pool of select-service-focused REITs, family offices, PE roll-ups, owner-operators, and HNW first-time hotel buyers. Hampton by Hilton brand-loyal buyers compete actively for in-flag acquisitions.