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31740223
31716860

59 E Rampart Rd, Shelbyville, IN 46176

MG
CA 02016029
Matthews
LW
CA 02185614 (CA)
Matthews
Listed by Matthews
$6,050,000
49 days on market
Updated 2 days ago

Hampton Inn | Indianapolis MSA

Details
Property Type Hospitality
Sub Type Hotel
Keys 57
Brand/Tenant Hampton Inn
Year Built 1999
Year Renovated 2025
Buildings 1
Stories 3
Lot Size (SqFt) 1.99

15 Year License | 2025 Renovation | 3.03x RRM

Marketing description

Mitchell Glasson and Luke Whittaker of Matthews Real Estate Investment Services are pleased to present the Hampton Inn Shelbyville, a well-located hotel in Shelbyville, IN just southeast of Indianapolis with convenient access to Interstate 74. The asset provides investors with a strong combination of in-place cash flow and long-term stability, supported by a diverse demand base including nearby manufacturing employers such as Knauf Insulation and Ryobi Die Casting, as well as leisure demand from Indiana Grand Racing & Casino. Additionally, the property benefits from its proximity to major Indianapolis demand drivers including the Indiana Convention Center, Lucas Oil Stadium, and leading employers such as Eli Lilly and Company and Salesforce, allowing it to capture both local and overflow demand and positioning it as a compelling opportunity in a stable and growing submarket.

Investment highlights

  • Well-located hotel in Shelbyville, IN just southeast of Indianapolis with convenient access to Interstate 74.
  • Strong combination of in-place cash flow and long-term stability, supported by a diverse demand base including nearby manufacturing employers such as Knauf Insulation and Ryobi Die Casting, as well as leisure demand from Indiana Grand Racing & Casino.
  • Proximity to major Indianapolis demand drivers including the Indiana Convention Center, Lucas Oil Stadium, and leading employers such as Eli Lilly and Company and Salesforce.
  • 57 total keys with a 15-year license extension.
  • Building size of ± 32,516 SF on ± 1.99 acres.
  • Year built 1999, with 2025 renovation.
  • Upper midscale class with interior corridor and three stories.
  • Amenities include fitness center, event space, pool, free hot breakfast, free Wi-Fi, meeting rooms, pet friendly rooms, and digital key.

Listing Contacts

MG
CA 02016029
Matthews
LW
CA 02185614 (CA)
Matthews
Listed by Matthews

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Additional Information

Name
Kyle Matthews
License
RC52200195, RB17001213 (IN)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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