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3136 W 2nd St
Owensboro, KY 42301
OYO Hotel Owensboro West · Hospitality Property For Sale · 144 Rooms

Property Facts

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 3.38 AC
Construction Status Converted
Building Size 70,768 SF
No. Rooms 144
No. Stories 2
Year Built/Renovated 1962/2016
Corridor Exterior
Zoning B4 - Zoned B4 - Possible Multifamily or other Change of Use Conversion

Amenities

  • Balcony
  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • On-Site Bar
  • Meeting Event Space

About 3136 W 2ND ST , OWENSBORO, KY 42301

The 144 room Ramada in Owensboro Kentucky is a phenomenal opportunity in the 4th largest city in the state. The Ramada went through a substantial renovation. Owensboro boasts strength in education, medical, residential lending, financial services, distribution and many more industries. The thorough renovation that took place last year makes this a great buy for those not looking to deal with a tiresome PIP. The market continued ticking along with consistent growth, which will be easily recaptured with the new and improved condition of the property. There is a minimal PIP available for a conversion to Quality Inn, which will add tremendous value. Included in the sale is the fee simple adjacent parcel for a total land area of 3.86 Acres. In cooperation with Huff, Niehaus & Associates, Inc., 13121 Eastpoint Park Blvd, Suite B, Louisville, KY

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 144 $52.00 -

Property Taxes

Property Taxes

Parcel Number
006-13-03-028-00-000
Land Assessment
$965,000
Improvements Assessment
$2,185,000
Total Assessment
$3,150,000
  • Listing ID: 9988474

  • Date on Market: 11/15/2017

  • Last Updated:

  • Address: 3136 W 2nd St, Owensboro, KY 42301

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