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Quality Inn & Suites Benton - Draffenville 173 Carroll Rd 55 Room Hotel Benton, KY 42025 $3,950,000 ($71,818/Room)


INVESTMENT HIGHLIGHTS
- Excellent location near Grand Rivers, Murray State, and Paducah.
- Great visibility from I-69.
EXECUTIVE SUMMARY
SVN | The Martin Group is pleased to present the Quality Inn – Benton - Draffenville, Kentucky. This well-maintained and recently renovated property provides investors / operators with 55 rooms that cater to travelers, theater patrons, outdoor enthusiasts, fisherman, college athletics fans of nearby Murray State, youth sports participants, and tourists visiting the Western Kentucky Lakes region. This property has recently undergone and extensive property improvement program that includes replacing common space carpets, painting hallways, replacing bedframes, furniture and headboards, upgrading room lighting, removing wallpaper, and paining rooms. Upgrades also include the replacement of the pool dehumidifier and filtration system. This well-run hotel has a steady staff, strong referral connections with local entertainment venues and local houses of worship, placing it as a valued asset in the community and one with an excellent reputation of a quality of stay and consistent good service. For more detailed financial information, please request a CA from the property specialist, Richard Clements.
For Kentucky regulatory purposes, the Listing Broker is John Steven Martin, KY# 38017
The Quality Inn – Benton - Draffenville, Kentucky (Exit 47 on I-69) is ideally located near the gateway to Kentucky Lake, Barkley Lake and Land Between the Lakes, home to the outdoor wonderland of Western Kentucky enjoyed by over seventeen million visitors each year. Just 15 minutes away from Grand Rivers, the Lakes Gateway, the area hosts the annual Bluegrass, Brew, & BBQ festival, is home to the 320 seat Badgett Playhouse, and hosts many other annual events such as the Quilt Show and Arts & Crafts Festivals, the Hunter’s Moon Festival, and many others. This property also benefits from its close proximity to Murray State University, who host over 43,000 football fans each autumn, the 530 seat Kentucky Opry Theater (4 miles away) that host performances from March through October, Mike Miller County Park that hosts baseball and softball tournaments in the spring, summer, and fall, and the Paducah / Metropolis metro area (27 minutes away), which is home to Harrah’s Casino, the 1800 seat Carson Center, the Clemens Fine Arts Center, the Market House Theatre, and the Paducah Improv.
Property Highlights
-55 rooms that include: Four 1-bedroom suites with kitchenette and jet tub / Five King Bed Suites / Two Queen Bed Suites / Three Accessible Suites (2 King, 1 Queen) / Twenty-One ---Standard King Rooms / Nineteen Standard Queen Rooms / One Small Queen Room.
-24 Seat Breakfast Area
-Indoor Pool with Outdoor Patio
-Meeting Room / Small Conference Center
-61 Space Parking Lot with 120V electric plug available for boats and trailers
-Additional parking for tractor trailers and larger RVs
-Nearly completed PIP (95%) that included lobby and hallway carpets, hallway painting, case good replacements, headboard and bed frame replacement
-Owner/Operator Property with 12 Housekeeping Staff / 6 Front Desk Managers
For Kentucky regulatory purposes, the Listing Broker is John Steven Martin, KY# 38017
The Quality Inn – Benton - Draffenville, Kentucky (Exit 47 on I-69) is ideally located near the gateway to Kentucky Lake, Barkley Lake and Land Between the Lakes, home to the outdoor wonderland of Western Kentucky enjoyed by over seventeen million visitors each year. Just 15 minutes away from Grand Rivers, the Lakes Gateway, the area hosts the annual Bluegrass, Brew, & BBQ festival, is home to the 320 seat Badgett Playhouse, and hosts many other annual events such as the Quilt Show and Arts & Crafts Festivals, the Hunter’s Moon Festival, and many others. This property also benefits from its close proximity to Murray State University, who host over 43,000 football fans each autumn, the 530 seat Kentucky Opry Theater (4 miles away) that host performances from March through October, Mike Miller County Park that hosts baseball and softball tournaments in the spring, summer, and fall, and the Paducah / Metropolis metro area (27 minutes away), which is home to Harrah’s Casino, the 1800 seat Carson Center, the Clemens Fine Arts Center, the Market House Theatre, and the Paducah Improv.
Property Highlights
-55 rooms that include: Four 1-bedroom suites with kitchenette and jet tub / Five King Bed Suites / Two Queen Bed Suites / Three Accessible Suites (2 King, 1 Queen) / Twenty-One ---Standard King Rooms / Nineteen Standard Queen Rooms / One Small Queen Room.
-24 Seat Breakfast Area
-Indoor Pool with Outdoor Patio
-Meeting Room / Small Conference Center
-61 Space Parking Lot with 120V electric plug available for boats and trailers
-Additional parking for tractor trailers and larger RVs
-Nearly completed PIP (95%) that included lobby and hallway carpets, hallway painting, case good replacements, headboard and bed frame replacement
-Owner/Operator Property with 12 Housekeeping Staff / 6 Front Desk Managers
PROPERTY FACTS
| Price | $3,950,000 | Building Size | 34,848 SF |
| Price Per Room | $71,818 | No. Rooms | 55 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1997/2004 |
| Property Subtype | Hotel | Parking Ratio | 2.15/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 3.54 AC | ||
| Zoning | CM - Commercial Hotel | ||
| Price | $3,950,000 |
| Price Per Room | $71,818 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.54 AC |
| Building Size | 34,848 SF |
| No. Rooms | 55 |
| No. Stories | 2 |
| Year Built/Renovated | 1997/2004 |
| Parking Ratio | 2.15/1,000 SF |
| Corridor | Interior |
| Zoning | CM - Commercial Hotel |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 12 | $129.00 | - |
| Guest Room | 43 | $106.00 | - |
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PROPERTY TAXES
| Parcel Number | 0D-03-00-073.02C000 | Improvements Assessment | $2,800,000 |
| Land Assessment | $500,000 | Total Assessment | $3,300,000 |
PROPERTY TAXES
Parcel Number
0D-03-00-073.02C000
Land Assessment
$500,000
Improvements Assessment
$2,800,000
Total Assessment
$3,300,000
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Quality Inn & Suites Benton - Draffenville | 173 Carroll Rd
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