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Quality Inn & Suites Benton - Draffenville 173 Carroll Rd 55 Room Hotel Benton, KY 42025 $3,600,000 ($65,455/Room)
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
For Kentucky regulatory purposes, the Listing Broker is John Steven Martin, KY# 38017
Property Facts
| Price | $3,600,000 | Building Size | 34,848 SF |
| Price Per Room | $65,455 | 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 | $3,600,000 |
| Price Per Room | $65,455 |
| 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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Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
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