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1202 S 12th St
Murray, KY 42071
Magnolia Inn - 73-Room Hotel · Hospitality Property For Sale
·
78 Rooms
Property Facts
| Property Type | Hospitality | No. Rooms | 78 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1965/2018 |
| Lot Size | 3.62 AC | Parking Ratio | 1.38/1,000 SF |
| Building Size | 45,716 SF | Corridor | Exterior |
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.62 AC |
| Building Size | 45,716 SF |
| No. Rooms | 78 |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2018 |
| Parking Ratio | 1.38/1,000 SF |
| Corridor | Exterior |
| Zoning | C |
Amenities
- Business Center
- High Speed Internet Access
- 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
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 78 | $69.00 | - |
Property Taxes
| Parcel Number | 012-0-0003-00002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,150,000 |
Property Taxes
Listing ID: 7398994
Date on Market: 5/26/2017
Last Updated:
Address: 1202 S 12th St, Murray, KY 42071
