Property Overview:
The property is a 54-unit limited-service franchise property. The facility, built in 1970, consist of (1) two-story structure; (2) one-story structure, consisting of 54 exterior corridor guest rooms as well as a manager’s apartment, all of which is situated on +/- 2.00 acres of land with excellent visibility on KY 21.
Physical Features:
- One and two story buildings
- +/- 2.0 acres of land
- Excellent roadside frontage
Investment Considerations:
- Discount to replacement cost
- Excellent investment opportunity for a first-time buyer
- Spacious managers apartment to include (3) bedrooms, (3) bathrooms, a living room and fully equipped kitchen.
- Excellent upside potential for an “aggressive” owner/operator to improve revenues and operating margins
Historical Revenues:
Financial information is available upon request after completion of the required Confidentiality Agreement
