Hilton Two Property Portfolio
Home2 Suites by Hilton Kokomo -
5126 Clinton Ave Kokomo, IN
LivSmart Studios by Hilton Kokomo -
5128 Cartwright Dr. Kokomo, IN
PROPERTY SUMMARY
Opportunity
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Fee simple interest in a developer-owned Hilton two-pack portfolio, available together or individually:
• Home2 Suites by Hilton Kokomo – 104 guest rooms, 5126 Clinton Dr
• LivSmart Studios by Hilton Kokomo – 137 guest rooms, 5128 Cartwright Dr
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Flexible disposition strategy – investors can acquire both assets for operational leverage or individually to fit portfolio needs
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Operational upside through dual-brand synergy: shared staffing, consolidated sales efforts, and cross-selling to maximize efficiency
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Complementary positioning within Hilton’s extended-stay ecosystem:
• Home2 Suites captures Hilton Honors loyalty and higher-rated extended-stay business.
• LivSmart provides a newly built, cost-conscious extended-stay product ideal for long-term workforce housing and project crews
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Direct exposure to Kokomo’s EV and auto economy, anchored by Stellantis’s transmission and casting plants and the $7.5B+ Stellantis/Samsung
StarPlus Energy EV battery facilities under construction
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Attractive basis vs. replacement cost – developer-owned Hilton two-pack portfolio offered at a meaningful discount to current per-key development
costs
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Upside potential with hands-on ownership, operational leverage, and durable industrial demand from Stellantis, Samsung, and Tier-1 suppliers
Location
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Prominent south Kokomo location with immediate access to U.S. 31 and regional connectors; ~61 miles north of Indianapolis and ~67 miles from
Indianapolis International Airport (IND)
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Proximate to major employers: Stellantis Transmission and Casting plants, plus the under-construction $7.5B+ Stellantis/Samsung StarPlus Energy
EV battery facilities adding ~2,800 jobs
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Infrastructure investments: $30M+ in roadway upgrades to support industrial growth and heavy traffic flow; the city also operates a free City-Line
Trolley system with Wi-Fi covering commercial corridors
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Downtown revitalization: The Elwood ($26M mixed-use project), adding luxury apartments and retail, plus new housing developments addressing
worker influx tied to battery projects
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Healthcare & education anchors: Ascension St. Vincent Kokomo Hospital and Indiana University Kokomo (~3,000 students) provide steady base
demand
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Cultural and demographic shifts: Growing Korean business community (“Koreatown”) emerging alongside Samsung/Stellantis investments,
supporting long-term international workforce lodging needs
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Air access: Kokomo Municipal Airport (OKK) for corporate aviation, plus Grissom Aeroplex (~11 miles north) capable of handling larger charters
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Surrounding retail/dining corridors enhance guest convenience for long-term stays
