Indiana, United States
Sale conditions: Market
Ownership: | Fee Interest |
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Type: | Hotel |
Sub Type: | Limited Service |
Chain / Market Scale: | Upper Midscale |
Brand: | Hampton Inn |
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Corridor: | Interior |
No. of Keys: | 119 |
Site Size: | 2.15 AC |
The Hampton Inn has consistently achieved over $2,900,000 in room revenues for the last three years. With a renovation needed, the revenues can onlyincrease upon completion. In 2024, ADR was $126.71, occupancy 51.6% giving it a $66.88 RevPAR. The RevPAR ranks only 5 of 8 in the STR comp index. A typical Hampton should operate at least a 112% of comp index. So after renovations, RevPAR should increase to $81 for $3,500,000 room revenue.
Property Name: | Login to view |
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Property Type: | Hotel |
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Property Sub Type: | Limited Service |
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Chain / Market Scale: | Upper Midscale |
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Brand: | Hampton Inn |
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Corridor: | Interior |
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Keys: | 119 |
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Building Status: | Existing |
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No. of buildings: | 1 |
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Stories: | 4 |
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Building size(SF): | 61392 |
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Site size: | 2.15 AC |
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Meeting Space: | 625 SF |
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Parking Type: | Surface |
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Construction Type: | Wood Frame |
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Year Build: | 1998 |
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119 rooms, broken down as follows:
36 King Study
78 Double Queens
4 Double Queens - ADA
1 King ADA
Connecting rooms available
Business Center
High Speed Internet
Breakfast Area
Exercise Room
Outdoor Pool
Corporate
Leisure
Country: | United States |
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City: | Login to view |
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State: | Indiana |
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Postal Code: | Login to view |
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APN/Parcel ID: | Login to view |
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Location Type: | Login to view |
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President
Huff, Niehaus & Associates, Inc.
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