Hospitality Business for Sale in Elizabethtown, KY
- Price: Contact for price
- Listing type: For sale
- Asset type: Hospitality Business
- Location: Elizabethtown, KY 42701
- Year built: 2019
Description
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 95-room SpringHill Suites located in Elizabethtown, Kentucky, a city +/- 43 miles south of Louisville. The hotel is a four-story property built in 2019 and located just off Interstate 65. SpringHill Suites Elizabethtown provides the opportunity for a new owner to acquire a renovated select-service Marriott hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Marriott name, reservation system, and loyal base of guests. Investment Highlights: • Positive-Trending RevPAR ($112.98 November 2025 T-12) • Historically Strong and Stable NOI • Seven-Year Refresh PIP Expected to be Completed Q1 2026 • Elizabethtown was One of the Fastest Growing Cities in KY (2023-2024) at 4.5% • Property is Located Just off I-65 • Proximate to Fort Knox, BlueOval SK Battery Park, Elizabethtown Sports Park, Dow Corning Corporation, Altec Industric, AGC Automotive, and More
Market Context
This hospitality in Elizabethtown, KY is listed for sale. It is offered at an approximate 9.5% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2019. It has been on the market for 67 days. Compare it against other hospitality listings for sale in Elizabethtown, KY — <a href="/search/sale/hospitality/kentucky/elizabethtown">view the full market</a>.
Contact
- Robert S. Hunter · (954) 245-3473 · robert.hunter@marcusmillichap.com
- Scott J. Havericak · (954) 245-3527 · scott.havericak@marcusmillichap.com
- Grant Fitzgerald · (502) 329-5900