173 Carroll Rd - Hospitality FOR SALE


Benton, KY 42025
$3,600,000 USD
812-746-8569
173 Carroll Rd, Benton, KY for Sale
$3,600,000 USD
Hospitality - FOR SALE
1/2
null | Request Cap Rate

173 Carroll Rd
Benton, KY 42025


OVERVIEW

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 SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$103 USD /SF

# OF ROOMS

55

PRICE/ROOM

$65,455 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn & Suites Benton - Draffenville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1997

PARKING SPACES

75

LAND DETAILS

LAND ACRES

3.54 AC

LAND SF

154,202 SF

ZONING

CM

APN/PARCEL ID

0D-03-00-073.02C000

ASK ABOUT THIS PROPERTY

Richard ClementsSVN | The Martin GroupMore Info
812-746-8569

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Richard ClementsSVN | The Martin GroupMore Info
812-746-8569

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.