Institutional Seller | Hampton Inn Kokomo
2920 S Reed Rd, Kokomo, IN 46902
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
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Contacts
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Building Details
- 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 26, 2026
Getting Around
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Walk Score ®
Car-Dependent (9) -
Bike Score ®
Somewhat Bikeable (28)
Location
- City Kokomo, IN
- Neighborhood Kokomo
- Zip Code 46902
Points of Interest
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
Autum Terrace
4.13 miles
Nickel Plate Trail Head
5.70 miles
Crew
1.04 miles
Tesla Super Charger
1.79 miles
Wash and Go Carwash
1.82 miles
Touchless Systems
3.67 miles
Wendy's
0.72 miles
Farm 2 Fork
0.75 miles
Five Guys
0.75 miles
El Arriero
0.76 miles
Taku
0.78 miles
Jack's
0.84 miles
Jimmy John's
0.84 miles
Panera Bread
0.85 miles
McAlister's Deli
0.86 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
City of Kokomo
1.37 miles
Med One
1.71 miles
Walgreens
1.82 miles
CVS Pharmacy
2.16 miles
Kokomo Fire Station No. 4
2.71 miles
Saint Vincent Kokomo Hospital
3.24 miles
2920 S Reed Rd Listing Summary
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What is the asking price at Institutional Seller | Hampton Inn Kokomo?
The asking price for Institutional Seller | Hampton Inn Kokomo is currently available on demand. Contact the listing broker for details.
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What is the total size of Institutional Seller | Hampton Inn Kokomo?
Institutional Seller | Hampton Inn Kokomo has a total of 63,336 square feet.
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What is the year built for Institutional Seller | Hampton Inn Kokomo?
The year built for Institutional Seller | Hampton Inn Kokomo is 1996.
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