Contacts
RealINSIGHT Marketplace
Property Details
- Property Type Hotel / Motel - Economy/Limited Service
- Property Size 63,336 SF
- Lot Size 3.73 Acre
- # of Floors 5
- Year Built 1996
- Year Renovated 2013
- Date Updated Jun 26, 2026
Investment Highlights
- 105-Room Limited-Service Asset: Five-story, institutionally owned Hampton Inn & Suites that can be acquired at pricing well below replacement cost
- Strategic Kokomo Location: Less than ten minutes from downtown Kokomo, in close proximity to Samsung SDI, Championship Park, Stellantis, and Grissom Air Reserve Base. Moreover, Kokomo is just one hour north of Indianapolis
- Nearly $2.7M in TTM Room Revenue: For the TTM period ending April 2026, the property achieved nearly $2.7M in room revenue with a RevPAR of $70.
- Significant NOI Margin Expansion Potential: A hands-on local or regional owner operator should be able to trim expenses and significantly increase NOI above the hotel’s current margin of 13.5 percent.
- Post-PIP Upside: Completion of the required change of ownership PIP will better position the Hampton Inn & Suites to compete more effectively with the other assets in its competitive set and the newer properties in Kokomo
- Unencumbered of Management, 10-Year Franchise: Offered unencumbered of management new ownership is expected to receive a new ten-year franchise agreement upon completion of the change of ownership PIP.
- Property tours are available by appointment only on the dates below. Please reach out to Nicholas Endre, | (224) 688-4399, to schedule. June 16th & 17th June 23rd & 24th June 30th & July 1st July 7th & 8th.
- Bryan P. Jackson c/o Fisher Auction Company Inc. License: AU09100175. Starting Bid $2,000,000.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
9/100
Walk Score ®
-
28/100
Bike Score ®
Location
- City Kokomo, IN
- Neighborhood Kokomo
- Zip Code 46902
Points of Interest
-
Speedway
1.08 miles
-
Casey's General Store
1.18 miles
-
BP
1.49 miles
-
Sam's Club
1.73 miles
-
Circle K
1.77 miles
-
Meijer
1.78 miles
-
Marathon
1.97 miles
-
Brad Howell Ford Kokomo
1.05 miles
-
Autum Terrace
4.13 miles
-
Nickel Plate Trail Head
5.70 miles
-
Hampton Inn & Suites Kokomo
0.01 miles
-
Motel 6
0.15 miles
-
Baymont
0.23 miles
-
Comfort Inn & Suites
0.29 miles
-
Days Inn & Suites by Wyndham Kokomo
1.11 miles
-
Comfort Inn
2.13 miles
-
Maplecrest Mall
0.81 miles
-
Kroger
0.92 miles
-
JCPenney
0.93 miles
-
Kohl's
0.99 miles
-
ALDI
1.34 miles
-
Webster Plaza
1.45 miles
-
Markland Mall
1.55 miles
-
Target
1.62 miles
-
Meijer
1.69 miles
-
Walmart Supercenter
1.95 miles
RealINSIGHT Marketplace