This Hospitality Property is no longer advertised on LoopNet.com.

59 E Rampart St
Shelbyville, IN 46176
Hampton Inn Shelbyville · Hospitality Property For Sale · 32,516 SF

Investment Highlights

  • 57 units, three-story, interior corridor
  • 2024 EBITDA: $550,075
  • 2024 Room Revenue: $1,873,821; August 2025 TTM Revenue: $1,782,250
  • Annual average three year revenue: $1.9M
  • Offered at a 7.6% cap rate
  • Hilton PIP complete as of 2025, offering a 15-year Hilton license for new owner

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.99 AC
Building Size 32,516 SF
No. Stories 3
Year Built 1999
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

Property Taxes

Property Taxes

Parcel Number
73-07-29-300-083.000-002
Land Assessment
$578,900
Improvements Assessment
$2,599,400
Total Assessment
$3,178,300
  • Listing ID: 35606521

  • Date on Market: 4/23/2025

  • Last Updated:

  • Address: 59 E Rampart St, Shelbyville, IN 46176

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