Hampton Inn & Suites Kalamazoo-Oshtemo

5059 South 9th Street, Kalamazoo, MI

Market Price

Price

2.14 acres

Lot Area

78

Keys

Gallery
Street
Map
Overview
Lot Area
2.14 acres
Keys
78
Year Built
2003
Management
Unencumbered
Floors
3
Parking Spots
85
Year Last Renovated
2012
Description

RI Marketplace Online Auction April 29 – May 1, 2024
Register to Bid on Marketplace:

https://rimarketplace.com/auction/1916/hampton-inn-suites-kalamazoo-oshtemo?utm_source=brevitas&utm_medium=listing&utm_campaign=hospitality_1916

Hodges Ward Elliott, in conjunction with RI Marketplace, is pleased to offer The Hampton Inn & Suites, situated in the bustling city of Kalamazoo, Michigan, just minutes from downtown Kalamazoo, the airport, multiple college campuses, businesses, and local attractions. The Hotel is conveniently located near the major transient hubs, and Kalamazoo's growing economy, vibrant tourism sector, and diverse mix of industries contribute to sustained demand, positioning the property for continued success in the years to come. This offering represents a premier investment opportunity, offering investors a well-positioned asset with strong financial performance, growth potential, and the backing of one of the strongest hotel brands in the world.

Jerry Helmer, Auctioneer
MI License: 6504064915

Highlights
  • The city is home to several world-renowned companies, including Pfizer, Stryker, and Zoetis
  • Offered unencumbered of debt and management
  • Education Hub with seven different universities within the area
  • Major producer of advanced electronics with leaders in the field such as Eaton Superchargers, Whirlpool Appliances, and American Axle & Manufacturing all having major offices in the city
  • The city has a lively sports scene, home to teams such as the NCAA Division I Western Michigan Broncos, the Kalamazoo Growlers, a Summer Collegiate baseball team, the Kalamazoo Wings, a minor league hockey team that serves as a developmental team for the NHL, and the Kalamazoo FC, a member of the National Premier Soccer League
  • Twelve-month RevPAR in the Hotel’s submarket was up sharply as of December, eclipsing 2019 levels by 9.3%
Documents
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Location
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