Historical Hotel & Motel Sale Listing - REDUCED AGAIN!! - SUPER 8 with OWNER FINANCING

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REDUCED AGAIN!! - SUPER 8 with OWNER FINANCING

4800 Preston Highway, Louisville, KY 40213

N/A

97 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
97
Building Size:
1,000 SF
Property Type:
Hotel & Motel
Property Sub-type:
Economy/Limited Service
Property Use Type:
Investment
Cap Rate:
17%
No. Stories:
3
Lot Size:
1.48 AC
Listing ID
15975487
Last Updated
over 1 year ago

Description

This property is priced to sell with Owner Financing!!
T12 Revenue through May 2009 =$720,000
3 Story Interior Corridor
Highly Visible Location on I-65
Close to Airport
97 Rooms on +/- 1.48 Acres
Beautiful 2 room Manager' s Apartment
Super Start Continental Breakfast
Wireless Internet
Lots of recent property improvements
Numerous Demand Generators

FOR MORE INFORMATION PLEASE COMPLETE THE ATTACHED CONFIDENTIALITY AGREEMENT AND FAX TO OFFICE

The Super 8 is conveniently located within minutes of the Louisville International Airport at Exit 130 directly off of I-65. During the last 24 months the Super 8 has undergone extensive remodeling to all areas of the property including the common areas and guest rooms. Since then the property has experienced resurgence in repeat guests along with increases in revenue and profits. An on-site owner will appreciate the convenience of a large two bedroom apartment.

Map of 4800 Preston Highway, Louisville, KY 40213 (Jefferson County)

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