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Capital O 3Y Motel Mount Vernon Renfro Valley 1798 S Wilderness Rd 45 Room Hotel Mount Vernon, KY 40456 $900,000 ($20,000/Room)
INVESTMENT HIGHLIGHTS
- Excellent income producing opportunity!
- Ample parking!
- Prime visibility!
EXECUTIVE SUMMARY
Excellent income producing opportunity. 46 unit motel located just off I75 in Mt Vernon and situated on 1.4 of an acre. The motel consists of 45 rooms available for guests: 33 rooms with King size 1 bed, 12 rooms with 2 queen size beds, 1 housekeeper room with kitchen apart from the 45 rooms, Front units were renovated in 2018 and some back units per Seller. Owner lives on site presently in attached owner's quarters that consists of 3 bedrooms and 2 bathrooms. KU electric, blacktop paved parking lot, storage building on site, all operating motel equipment stays and individual heat/air in each unit. Security cameras on the property. Priced to sell. Per previous title entrance is an easement (30ft)
PROPERTY FACTS
| Price | $900,000 | Building Size | 19,968 SF |
| Price Per Room | $20,000 | No. Rooms | 45 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1975/2006 |
| Property Subtype | Hotel | Parking Ratio | 2.3/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.91 AC | ||
| Zoning | R-1 | ||
| Price | $900,000 |
| Price Per Room | $20,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.91 AC |
| Building Size | 19,968 SF |
| No. Rooms | 45 |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2006 |
| Parking Ratio | 2.3/1,000 SF |
| Corridor | Exterior |
| Zoning | R-1 |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 45 | $76.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 046E-00-041.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $300,000 |
PROPERTY TAXES
Parcel Number
046E-00-041.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$300,000
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Capital O 3Y Motel Mount Vernon Renfro Valley | 1798 S Wilderness Rd
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