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10 Slumber Ln
Carrollton, KY 41008
Red Roof Inn Carrollton · Hospitality Property For Sale · 23,760 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.37 AC
Building Size 23,760 SF
No. Stories 1
Year Built/Renovated 2001/2015
Parking Ratio 2.15/1,000 SF
Corridor Interior
Zoning C

AMENITIES

  • Business Center
  • High Speed Internet Access
  • Public Access Wifi

ABOUT 10 SLUMBER LN , CARROLLTON, KY 41008

Marcus and Millichap is pleased to present the exclusive offering for a Red Roof Inn located at 10 Slumber Lane, Carrollton, KY 41008. The two-story, recently-remodeled 52-room suburban-hotel presents a new owner the opportunity to acquire a stabilized asset within the Louisville MSA. Conveniently located off US-71 with easy access to the interstate and local attractions. This is a well-equipped property with many amenities, including: an outdoor swimming pool, office or business center, complimentary breakfast, laundry facilities, ADA Rooms, and self-controlled heating/cooling systems. The property has the potential for added upside through detailed expense management and increasing the net operating income. Strategically Located right off the popular Interstate 71 (I-71), nestled 45 miles from both Cincinnati/Northern Kentucky International Airport and Louisville International Airport. The Red Roof Inn is within proximity to the Kentucky Speedway and Churchill Downs, is a big reason many guests choose this hotel. The hotel is also close to downtown and within two miles of local businesses including shopping centers and numerous restaurants and eateries. Local NASCAR events and Kentucky Derby always draw a crowd, and there are endless festivals and events happening year-round in the area including the Annual Swiss Wine Festival, Annual Madison Regatta and numerous Art Festivals. The Red Roof Inn was recently renovated within the past 2-years with approximately $250,000 spent on replacing the roof, replacing appliances, outside landscaping and room remodels. The large newly renovated guest rooms include comfortable beds, refrigerators, microwaves, coffee machines, hair dryers, irons and high definition satellite TV which includes hundreds of additional channels.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-05-01
Land Assessment
$250,000
Improvements Assessment
$1,750,000
Total Assessment
$2,000,000
  • Listing ID: 17521126

  • Date on Market: 10/22/2019

  • Last Updated:

  • Address: 10 Slumber Ln, Carrollton, KY 41008

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