Hampton Inn by Hilton Bedford 1322 Becky Skillman Way 88 Room Hotel Bedford, IN 47421 $12,098,155 ($137,479/Room) 7.10% Cap Rate

Prime Hotel Investment Opportunity. Newer Hampton Inn Opened in October 2021. Four Floors with 88-Guestrooms, Long-Term Hampton Inn Franchise In Place, Anticipated Nominal Change of Ownership PIP, Unencumbered by Management or Debt. Excellent Opportunity to Own a Newer Hotel and Secure the Top Brand in the Market.
Bedford Indiana is located 76-miles South of Indianapolis and 69-miles Northwest of Louisville, Kentucky. Indiana University Bloomington Campus is twenty-five miles north of Bedford allowing the hotel to benefit from multiple university events such as I.U. Football, Basketball, Little 500, Family Weekend. Bedford is the County - Seat of Lawrence County and is commonly know as the "Limestone Capital of the World" as it is the Source of Limestone for a Series of Landmarks such as the Empire State Building, National Cathedral, Pentagon. Additional employers in the area include General Motors (GM) Casting Operations, I.U. Health Bedford Hospital, Stone City Products, and Crane Navel Surface Warfare located to the South in Crane, Indiana.
The predominant access to Bedford is U.S. Route 231 and State Road 37. The new Interstate 69 connects to Bedford via Rote 50 to Indianapolis, Vincennes and Evansville. Highway 231 connects to Interstate 64 which provides access to Louisville, Kentucky.