2075 Highway 192 W - Hospitality FOR SALE


London, KY 40741
$4,950,000 USD
606-679-2656
2075 Highway 192 W, London, KY for Sale
$4,950,000 USD
Hospitality - FOR SALE
1/75
null | Request Cap Rate

2075 Highway 192 W
London, KY 40741


OVERVIEW

Compelling turnkey investment opportunity, Locally owned Baymont Inn by Wyndham, was constructed in 1992 as a Hampton Inn ,built with concrete slab and block around all the rooms . A 77 key hotel, features 34 interior corridor rooms and 43 exterior entrance rooms . Standard King and Queen rooms as well as extended stay suites with separate living room. Many upgrades include new flat roof in 2019, new bed frames and mattresses in 2021, new exterior and interior paint in 2022-2023 as well as LVP flooring , vanities and LED mirrors. Outdoor heated pool with new pump and resurfaced in 2024. Upgraded exterior lights to LED and new pool enhancements. Three new water heaters and updated plumbing in 2023. Technology upgrades include 55 inch TV's installed in all rooms, new WiFi access with fiber internet . Majority of rooms now have PTACS ,new mini splits in lobby and hallways . Large parking lot was sealed and striped in 2024 and accommodates buses, tractor trailers and work trucks . Hotel offers large breakfast area , conference room and fitness center. BEST OF BAYMONT AWARDS FOR SEVERAL YEARS INCLUDING 2023 and ANTICIPATED 2024. 4.0 TRIPADVISOR RATING and 4.2 GOOGLE STAR REVIEW

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$53 USD /SF

# OF ROOMS

77

PRICE/ROOM

$64,286 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baymont Inn & Suites London

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1993

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

C

APN/PARCEL ID

062-50-00-031.00

ASK ABOUT THIS PROPERTY

Matt FordWeichert Realtors Ford Brothers IncMore Info
606-679-2656

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

Matt FordWeichert Realtors Ford Brothers IncMore Info
606-679-2656

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