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1202 S 12th St
Murray, KY 42071
Magnolia Inn - 73-Room Hotel · Hospitality Property For Sale · 22,686 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.62 AC
Building Size 22,686 SF
No. Stories 2
Year Built 1965
Corridor Exterior
Zoning C

AMENITIES

  • Business Center
  • Public Access Wifi

ABOUT 1202 S 12TH ST , MURRAY, KY 42071

ON-SITE INSPECTIONS: CALL FOR APPOINTMENT SUGGESTED OPENING BID: $750,000 Appraised Value: $2,100,000 2013 NOI - $308,910 Prime Corner Location in Downtown Murray Zoned: B-2, General Highway Business Improved site with five buildings, four of which have been recently updated over the last two years Numerous upgrades include: New card-activated room entry locks, most rooms painted, approximately half of the thru-wall/cooling units replaced, furnishing updates, exterior paint Hospitality suite, meeting room, small guest laundry & motel laundry room, ample parking

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
012-0-0003-00002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,150,000
  • Listing ID: 7398994

  • Date on Market: 5/26/2017

  • Last Updated:

  • Address: 1202 S 12th St, Murray, KY 42071

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