1029 Cooper Dr | Berea, KY 40403
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This Hospitality Property is no longer advertised on LoopNet.com.
1029 Cooper Dr
Berea, KY 40403
Kentucky Georgetown/Richmond Area - Motel 6 · Hospitality Property For Sale
·
30,487 SF

INVESTMENT HIGHLIGHTS
- SBA/USDA Hotel loans | Call Madhur Gupta at 919.428.9840 | https://www.dialmforhotels.com/hotel-loans/
- PRICED TO SELL For Less Than 3 x T12 Room Revenue | 2023 NOI Expected To Exceed 2022 NOI of $230,892
- MAJOR EMPLOYERS Hitachi; Kentucky Steel Center; STEMCO Motor Wheel; NACCO Materials Handling Group; Novelis (metals); Pittsburgh Glass Works; Wal-Mart
- ±3.5 Acres Parcel | 59-Rooms Motel 6 Franchised Hotel Including Manager’s Apartment + 3-Bedroom House + Opportunity to Add Small Commercial Space
- MAJAOR CITIES NEARBY 15 Miles Richmond, KY; 39 Miles Lexington KY; 113 Miles Louisville, KY; 132 Miles Knoxville, TN
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1989/2022 |
| Building Class | C | Parking Ratio | 3.26/1,000 SF |
| Lot Size | 3.50 AC | Corridor | Exterior |
| Building Size | 30,487 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.50 AC |
| Building Size | 30,487 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1989/2022 |
| Parking Ratio | 3.26/1,000 SF |
| Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 0060-0000-0033-DA | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,400,000 |
PROPERTY TAXES
Parcel Number
0060-0000-0033-DA
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,400,000
Listing ID: 29705661
Date on Market: 10/4/2023
Last Updated:
Address: 1029 Cooper Dr, Berea, KY 40403
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