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Mike Schlictman
T | 803.920.4173
mikes@paramountlodging.com
Andrew Makhlouf
T | 312.610.9067
amakhlouf@paramountlodging.com
Detailed Information
Location
Property Highlights
- Fee simple interest in the institutionally owned and Hilton-managed 128-key Hampton Inn Indianapolis-NE/Castleton
- Available for individual purchase in the March 22nd auction event via Ten-X
- Property for sale unencumbered of debt and management
- Four-story, concrete and steel asset will trade at a steep discount to replacement cost
- Premium Hilton Brand: Retain the Hampton Inn brand, subject to required PIP and buyer approval by Hilton
- Strong operational upside in transitioning from institutional owner and third-party operator to an investor with strong operating economies of scale