How much is a 111-year-old hotel with ties to celebrities and the mob worth? Not quite $39 million.
Insider reported last week that the Seelbach Hilton Hotel, located at 500 S. Fourth St., sold Columbus, Ohio-based investment firm Rockbridge, but the company did not want to divulge any more details, and the deed of ownership had not yet been filed with the Jefferson County Clerk’s office.
The deed, which was officially filed Monday, shows that Rockbridge paid $38.6 million for the historic hotel. According to the most recent assessment from the Jefferson County Property Value Administrators, the property is valued at $36.8 million.
The hotel has 321 rooms, several restaurants and bars, and more than 32,000-square-feet of meeting space. It also is listed on the National Register of Historic Places.
During Prohibition, the Seelbach was a popular place for successful bootleggers like Al Capone and George Remus to stay. The hotel has made appearances in books and movies such as “The Great Gatsby” and “The Hustler” starring Paul Newman and Jackie Gleason.
As previously reported, Louisville-based Musselman Hotels Management will manage the Seelbach.
It is the second downtown hotel to be sold this year. The Hyatt Regency Louisville was purchased by Pennsylvania-based Roch Capital this summer.
Roch Capital paid just under $50 million for the nearly 400-room hotel, located at 320 W. Jefferson St.
The Hyatt Regency had undergone a $16 million renovation less than two years prior. The almost 40-year-old hotel was most recently assessed at $37.3 million, according to county records.