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Laker Inn 990 Maple St 53 Room Hotel Russell Springs, KY 42642 $1,999,999 ($37,736/Room)
INVESTMENT HIGHLIGHTS
- Commercial Lot on 127
- large parking lot
- Most all rooms renovated
EXECUTIVE SUMMARY
A compelling turnkey investment opportunity, locally owned Laker Inn, was constructed in 1989. A 55-key hotel, Standard King and Double rooms. Most all rooms renovated. Large parking lot with a commercial lot on 127. The hotel offers space for a large breakfast area and conference room or fitness center. Many opportunities to grow this business.
PROPERTY FACTS
| Price | $1,999,999 | Building Size | 19,960 SF |
| Price Per Room | $37,736 | No. Rooms | 53 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1989 |
| Property Subtype | Hotel | Parking Ratio | 3.21/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.90 AC | Opportunity Zone |
Yes
|
| Price | $1,999,999 |
| Price Per Room | $37,736 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.90 AC |
| Building Size | 19,960 SF |
| No. Rooms | 53 |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 3.21/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
AMENITIES
- Fitness Center
- Pool
- Patio
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 53 | $64.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 032-90-04-003.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,325,000 |
PROPERTY TAXES
Parcel Number
032-90-04-003.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,325,000
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Laker Inn | 990 Maple St
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