Hampton Inn | Indianapolis MSA
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.
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