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Hotel-Motel

Hampton Inn & Suites Scottsburg

1535 W McClain Ave, Scottsburg, IN 47170

Listing Price: $8,500,000

Cap Rate
5.00%
Number of Rooms
86
RevPAR
$72
Gross SF
52,779
Price/Room
$98,837
Price/Gross SF
$161.05
Year Built
1999

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Hampton Inn & Suites Scottsburg, a four-story Hilton branded hotel located in Scottsburg, Indiana.

The property is located ideally off of I-65 which is the major interstate connecting Louisville and Indianapolis near Cincinnati. Rated the #1 hotel in Scottsburg, Hampton Inn & Suites consists of 86 total rooms, 26 of which include full kitchenettes. The property recently completed (2023) a $2.2M PIP to update rooms, bathrooms, and common areas. Hotel amenities include an on-site laundry services, fitness & business centers, complimentary breakfast and a heated pool.

Investment Highlights

  • Recently Renovated - $2.2M PIP Completed in 2021
  • Ideally Located off of I-65 Connecting Louisville and Indianapolis near Cincinnati
  • Southern Indiana is a Major Manufacturing Hub for Automotive, Pharmaceuticals, Food Processing and Plastic/Rubber Products
  • Trip Advisor's #1 Ranked Hotel in Scottsburg

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Hotel-Motel

Hampton Inn & Suites Scottsburg

Listing Price: $8,500,000

Cap Rate
5.00%
Number of Rooms
86
RevPAR
$72
Gross SF
52,779
Price/Room
$98,837
Price/Gross SF
$161.05
Year Built
1999

Investment Highlights

  • Recently Renovated - $2.2M PIP Completed in 2021
  • Ideally Located off of I-65 Connecting Louisville and Indianapolis near Cincinnati
  • Southern Indiana is a Major Manufacturing Hub for Automotive, Pharmaceuticals, Food Processing and Plastic/Rubber Products
  • Trip Advisor's #1 Ranked Hotel in Scottsburg

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Hampton Inn & Suites Scottsburg, a four-story Hilton branded hotel located in Scottsburg, Indiana. The property is located ideally off of I-65 which is the major interstate connecting Louisville and Indianapolis near Cincinnati. Rated the #1 hotel in Scottsburg, Hampton Inn & Suites consists of 86 total rooms, 26 of which include full kitchenettes. The property recently completed (2023) a $2.2M PIP to update rooms, bathrooms, and common areas. Hotel amenities include an on-site laundry services, fitness & business centers, complimentary breakfast and a heated pool.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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