Hunter Advisors has been exclusively engaged to solicit offers for the purchase of the 140-room, 8-story Courtyard Louisville Downtown (the "Hotel" or "Property"). The Hotel is a Marriott-flagged, select-service asset ideally situated in the heart of Downtown Louisville, directly across the street from the KFC Yum! Center — the largest basketball arena in the United States by seating capacity and home to the University of Louisville men's and women's basketball programs. Downtown Louisville continues to attract substantial public and private capital investment, with the Louisville Downtown Partnership reporting $3.2 billion across 75 active or announced development projects.
The Hotel has demonstrated a strong and stable cash flow profile during the Trailing Twelve-Month ("TTM") period ending April 2026. The Hotel's $115 RevPAR during the same period reflects well-established market demand, with significant rate upside available to a new owner upon completion of a change-of-ownership PIP. The Hotel also benefits from an owned, 6-story, 278-space parking garage that generated over $400,000 in annual revenue — a differentiated and stable income stream driven by the Hotel's position directly across the street from the KFC Yum! Center's year-round event calendar.
Downtown Louisville continues to attract substantial public and private capital investment, with the Louisville Downtown Partnership reporting $3.2 billion across 75 active or announced development projects. Major catalysts include a $460 million expansion of the Kentucky Exposition Center and a $393 million redevelopment of the Kentucky International Convention Center — collectively positioning the submarket to attract a growing volume of national conventions, trade shows, and major events. The submarket is also experiencing a meaningful influx of corporate office activity, with Yum! Brands relocating 550 employees to the PNC Tower on a 10-year lease and 750 U.S. Army Corps of Engineers employees set to occupy the former LG&E Center directly adjacent to the Hotel — adding a durable corporate demand driver to the property's already diverse customer mix. Together, the Hotel's strong in-place cash flow, identifiable post-PIP rate upside, income-producing parking asset, and compelling submarket tailwinds present investors with an attractive acquisition opportunity in one of the most dynamic urban submarkets in the South.
