59 E Rampart St | Shelbyville, IN 46176
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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 | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1999 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.99 AC | Parking Ratio | 1.6/1,000 SF |
| Building Size | 32,516 SF | Corridor | Interior |
| Zoning | BH - Business Highway | ||
| 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
| Parcel Number | 73-07-29-300-083.000-002 | Improvements Assessment | $2,467,100 |
| Land Assessment | $711,200 | Total Assessment | $3,178,300 |
PROPERTY TAXES
Parcel Number
73-07-29-300-083.000-002
Land Assessment
$711,200
Improvements Assessment
$2,467,100
Total Assessment
$3,178,300
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