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Hotel-Motel

SpringHill Suites Elizabethtown

1025 Executive Dr, Elizabethtown, KY 42701

Listing Price: $16,500,000

Cap Rate
9.49%
Number of Rooms
95
RevPAR
$113
Gross SF
51,495
Price/Room
$173,684
Price/Gross SF
$320.42
Year Built
2019

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 95-room SpringHill Suites located in Elizabethtown, Kentucky, a city +/- 43 miles south of Louisville. The hotel is a four-story property built in 2019 and located just off Interstate 65. SpringHill Suites Elizabethtown provides the opportunity for a new owner to acquire a renovated select-service Marriott hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Marriott name, reservation system, and loyal base of guests.

Investment Highlights

  • Positive-Trending RevPAR ($112.98 November 2025 T-12)
  • Historically Strong and Stable NOI
  • Seven-Year Refresh PIP Expected to be Completed Q1 2026
  • Elizabethtown was One of the Fastest Growing Cities in KY (2023-2024) at 4.5%
  • Property is Located Just off I-65
  • Proximate to Fort Knox, BlueOval SK Battery Park, Elizabethtown Sports Park, Dow Corning Corporation, Altec Industric, AGC Automotive, and More

Exclusively Listed By

  • Robert S. Hunter

    Senior Managing Director Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

  • Scott J. Havericak

    Senior Director Investments

    (954) 245-3527

    Email Scott

    License(s): FL: SL3281416

    Fort Lauderdale

Broker of Record

  • Grant Fitzgerald

    Managing Director, Market Leader- Ohio

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Hotel-Motel

SpringHill Suites Elizabethtown

Listing Price: $16,500,000

Cap Rate
9.49%
Number of Rooms
95
RevPAR
$113
Gross SF
51,495
Price/Room
$173,684
Price/Gross SF
$320.42
Year Built
2019

Investment Highlights

  • Positive-Trending RevPAR ($112.98 November 2025 T-12)
  • Historically Strong and Stable NOI
  • Seven-Year Refresh PIP Expected to be Completed Q1 2026
  • Elizabethtown was One of the Fastest Growing Cities in KY (2023-2024) at 4.5%
  • Property is Located Just off I-65
  • Proximate to Fort Knox, BlueOval SK Battery Park, Elizabethtown Sports Park, Dow Corning Corporation, Altec Industric, AGC Automotive, and More

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 95-room SpringHill Suites located in Elizabethtown, Kentucky, a city +/- 43 miles south of Louisville. The hotel is a four-story property built in 2019 and located just off Interstate 65. SpringHill Suites Elizabethtown provides the opportunity for a new owner to acquire a renovated select-service Marriott hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Marriott name, reservation system, and loyal base of guests.

Exclusively Listed By

  • Robert S. Hunter

    Senior Managing Director Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

  • Scott J. Havericak

    Senior Director Investments

    (954) 245-3527

    Email Scott

    License(s): FL: SL3281416

    Fort Lauderdale

Broker of Record

  • Grant Fitzgerald

    Managing Director, Market Leader- Ohio

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

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