Institutional Seller | Hampton Inn Kokomo

2920 S Reed Rd, Kokomo, IN 46902

Property Information

  • For Sale Contact for pricing
  • 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 9, 2026

Description

 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. 

Contacts

RI Marketplace Marketing

RealINSIGHT Marketplace

Location

Located at 2920 S Reed Rd, Kokomo, IN 46902, this property is part of the Kokomo neighborhood.

Contact Listing Broker
RI Marketplace Marketing

RealINSIGHT Marketplace

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