Hilton Garden Inn Milford _Property for Sale
Hilton Garden Inn Milford _Property for Sale

Hilton Garden Inn Milford

291 Old Gate Lane, Milford, CT, 06460, US

Description

Jones Lang LaSalle is pleased to present the opportunity to acquire the fee simple interest in the 120-room Hilton Garden Inn Milford (the “Hotel” or “Property”). Strategically positioned at I-95 Exit 40, the Property offers unmatched accessibility, located one hour north of New York City and southeast of Hartford, Connecticut, just five minutes from downtown Milford and directly adjacent to the Connecticut Post Mall, the state’s largest retail destination drawing seven million annual visitors. The Hotel sits within the heart of the New Haven–Milford MSA, a $65.2 billion economy with seamless connectivity to Yale University (approximately 10-minute drive), Silver Sands State Park and the Connecticut coastline (six miles), and New York City via the nearby Milford Metro-North station (under 90 minutes). The Property draws from a robust mix of corporate, healthcare, academic, and leisure demand generators, including Yale New Haven Health System, Sikorsky Aircraft, Sacred Heart University, and the region’s scenic 17-mile Long Island Sound shoreline that drives strong summer seasonal leisure demand.


The Hotel offers an opportunity to acquire a turnkey, market-leading asset with in-place cash flow and meaningful upside through cost-cutting initiatives. The Hotel has consistently achieved a RevPAR index over 114% since 2019 and a high of 131% RevPAR penetration index against its competitive set as of March 2026, demonstrating clear competitive dominance. Following its comprehensive 2023 renovation, the Property is positioned to further solidify its status as the submarket’s premier select-service hotel. The Hotel should benefit from accelerating supply contraction, including the recent closure of the Hampton Inn Milford within its own competitive set, and over $1.6 billion in major development projects underway within the trade area. Offered unencumbered of thirdparty management, the Property represents a rare opportunity to acquire a fee simple, Hilton-affiliated asset with recession-resistant fundamentals and a clear path to incremental NOI growth in one of the Northeast’s most supply-constrained lodging markets.

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Attributes

Units
120
Building area net
6,966 sm
Year built
2009
Land area gross
1.58 ha

Media

Investment highlights

  1. Strategic location with diverse demand drivers
  2. Market Share Dominance Post 2023 Renovation
  3. Hilton brand affiliation and fee simple offering unencumbered by management
  4. Exceptional connectivity and accessibility
  5. Substantial development pipeline supports longterm growth
Hilton Garden Inn Milford  4_Property for Sale
Hilton Garden Inn Milford  4_Property for Sale

Contact brokers

Hilton Garden Inn Milford (0 Properties)

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Last updated
May 27, 2026