Hilton Garden Inn Louisville St Matthews

400 Sherburn Lane, Louisville, KY, 40207, US

Description

JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 150-room Hilton Garden Inn Louisville Mall of St. Matthews (the “Hotel” or “Property”). This premium-branded Hotel is located approximately nine miles east of downtown Louisville, directly adjacent to the Mall of St. Matthews, which features over 120 premier retailers.

The Property strategically fronts Interstate 264, providing direct access to the 519-bed Baptist Health and 413-bed Norton’s Women’s & Children’s Hospitals, two of the highest rated medical centers in the area. Additionally, the Hotel is proximate to a number of the region’s largest employers including Yum! Brands, Papa John’s, UPS, GE Appliance, and Ford Motor Company. This opportunity provides the ability to acquire a relatively new, premium-branded select-service hotel that is out-performing its previous peak performance levels. The Property provides stabilized in-place cash flow through improved market fundamentals, substantial market growth, PIP-required renovations, and institutional hands-on management. The Hotel is being offered unencumbered by management, free and clear of debt, and at a substantial discount to replacement cost.

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Attributes

Units

150

Year built

2017

Building area net

90,346 sf

Land area gross

3.29 acres

Media

Investment highlights

Highly Desirable Hilton Brand Affiliation: The Property benefits from the popular Hilton brand affiliation. Hilton Worldwide is one of the largest owners, operators and franchisors of hotels with 23 brands, 7,600 properties, and nearly 1.2 million rooms across the world. The company’s Hilton Honors guest loyalty program maintains widespread public recognition and customer loyalty, all of which directly benefits the Hotel.
High Barriers to Entry Market: The St Matthews, Lousville submarket demonstrates strong barriers to entry. There is currently no new construction in the region, with only 1 new building delivered in the past 12 months as of October 2025.
Robust RevPAR Recovery with Additional Upside: The Property has ranked #1 in RevPAR within its competitors for the past four years and continues to over the recent August 2025 trailing 12 months at an index of 172%. Modest PIP-required renovations will refresh the Hotel and allow new ownership to retain its position as market leader while providing an avenue for additional rate and occupancy growth as Louisville’s economy continues to expand. The Property posted an impressive 37.4% NOI margin for the trailing 12 months July 2025.