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Hampton Inn Shelbyville 59 E Rampart St 57 Room Hotel Shelbyville, IN 46176 $8,768,000 CAD ($153,825 CAD/Room)
Investment Highlights
- Well-located Hampton Inn with 57 keys and 15-year license extension in Shelbyville, IN.
- Diverse demand from manufacturing, healthcare, and leisure sectors nearby.
- Pricing guidance at $6,400,000, representing a 3.47x T12 RRM multiple.
- Building size of ±32,516 SF on ±1.99 acres with recent and planned renovations.
- Comprehensive amenities include pool, fitness center, event space, and free breakfast.
Executive Summary
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.
Broker of Record
Kyle Matthews
License # RC52200195, RB17001213 (IN)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Broker of Record
Kyle Matthews
License # RC52200195, RB17001213 (IN)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $8,768,000 CAD | Building Size | 32,516 SF |
| Price Per Room | $153,825 CAD | No. Rooms | 57 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1999/2025 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.6/1,000 SF |
| Lot Size | 1.99 AC | Corridor | Interior |
| Zoning | BH - Business Highway | ||
| Price | $8,768,000 CAD |
| Price Per Room | $153,825 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.99 AC |
| Building Size | 32,516 SF |
| No. Rooms | 57 |
| No. Stories | 3 |
| Year Built/Renovated | 1999/2025 |
| Tenancy | Single |
| Parking Ratio | 1.6/1,000 SF |
| Corridor | Interior |
| Zoning | BH - Business Highway |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $213.72 CAD | - |
| Guest Room | 56 | $193.17 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 73-07-29-300-083.000-002 | Improvements Assessment | $3,561,178 CAD |
| Land Assessment | $793,093 CAD | Total Assessment | $4,354,271 CAD |
Property Taxes
Parcel Number
73-07-29-300-083.000-002
Land Assessment
$793,093 CAD
Improvements Assessment
$3,561,178 CAD
Total Assessment
$4,354,271 CAD
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Videos
Matterport 3D Exterior
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Photos
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Hampton Inn Shelbyville | 59 E Rampart St
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