PROPERTY OVERVIEW
Excellent Location Near Major Manufacturing Plants The Hilton Garden Inn Louisville East is located off Interstate 64 in the heart of a densely developed corporate and industrial district. Anchoring the corporate space is the Quality Control Center of Papa Johns, one of the firm’s largest corporate hubs, which employs 600 people, only 3 minutes from the hotel. Additionally driving substantial corporate demand is the GE Appliance Park, a sprawling 750-acre site home to GE Appliance’s headquarters and 5 manufacturing plants that employ approximately 8,500 people, only 20 minutes away. In 2023, the firm completed a $450 million investment in the facility, which consisted of installing new equipment and constructing new assembly lines. Overall, the facility has contributed $7.4 billion to Kentucky’s GDP and is crucial to the firm’s R&D efforts, employing more than 1,600 engineers to develop new products. Driving leisure demand to the area are Churchill Downs, which is home to the annual Kentucky Derby, the Kentucky Exhibition Center, and Downtown Louisville, all within 20 minutes from the hotel. Downtown Louisville is home to historic attractions, such as the Louisville Slugger Museum & Factory, the Kentucky International Convention Center, and numerous local eateries and entertainment venues. Connecting travelers to the area is Louisville Muhammad Ali International Airport which served 4.7 million passengers in 2023, representing a 20% increase year-over-year.

Offered Below Replacement Cost The Hilton Garden Inn Louisville East is being offered at a substantial discount to replacement cost in a market with diverse demand generators consisting of major manufacturing and corporate facilities including GE Appliance Park and 2 major Ford vehicle manufacturing plants.

Institutional Hilton Branded Asset Hilton Garden Inn is an award-winning, globally recognized brand within the Hilton portfolio, known for providing business and leisure travelers with reliable accommodations and modern amenities. Premium branded assets have distinct competitive advantages compared to the rest of the market due to their large rewards and reservation systems as well as name recognition. All Hilton properties are backed by the Hilton Honors reward program which boasts over 190 million members across 18 brands and more than 7,600 hotels worldwide.