Institutional Seller | Hampton Inn Kokomo

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.

Description:

CBRE Hotels, in partnership with RealINSIGHT Marketplace, is pleased to present the opportunity to acquire the fee-simple interest in the Hampton Inn & Suites Kokomo, a 105-room, five-story limited-service hotel. Strategically situated off Reed Road less than ten minutes from downtown Kokomo, the property accommodates travelers from a diverse demand base anchored by Samsung SDI, Stellantis, Grissom Air Reserve Base, Championship Park, and two regional health systems. For the TTM period ending April 2026, the hotel generated nearly $2.7M in room revenue at a $70 RevPAR, with an in-place NOI margin of 13.5 percent, which can be significantly improved by a more hands-on owner operator.

Offered unencumbered of management at pricing well below replacement cost, the Hampton Inn & Suites presents new ownership with the opportunity to acquire a well-located, institutionally owned hotel with strong brand affiliation and meaningful upside. Upon completion of the change of ownership PIP, new ownership is expected to receive a ten-year franchise agreement. Additional information regarding the PIP can be found in the Virtual Deal Room.


For more information:
https://rimarketplace.com/auction/3255/hospitality/kokomo/in?utm_source=brevitas&utm_medium=listing_free&utm_campaign=july15_2026&utm_content=hospitality_3255

Bidding Opens
Jul 14, 2026 12:00 AM
Bidding Ends
Jul 16, 2026 12:00 AM