311 E Gaulbert Ave - Hospitality FOR SALE


Louisville, KY 40208- Old Louisville
$6,050,000 USD
805-557-8857
311 E Gaulbert Ave, Louisville, KY for Sale
$6,050,000 USD
Hospitality - FOR SALE
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311 E Gaulbert Ave
Louisville, KY 40208
Old Louisville


HIGHLIGHTS

  • 87 units, three-story, interior corridor
  • Located in an Opportunity Zone
  • Priced under $70,000/key
  • Located near key demand generators such as the University of Louisville and Yum! Brands

OVERVIEW

Andrew Post and Brendan "Mac" Bleier of NewGen Advisory: The Bowman Post Group is proud to present for sale the Quality Inn & Suites (University/Airport) - Louisville, KY. This 87-room, midscale hotel offers investors a strong opportunity in an established urban market. Operating under the trusted Quality Inn brand by Choice Hotels International, Inc., the property has been open consistently since its debut in September 1999. Built with durable wood-frame construction, the Quality Inn & Suites (University/Airport) - Louisville, KY spans 57,702 SF across 1.81 acres of commercially zoned land. Guest amenities include interior corridors, a surface parking lot with 100 spaces, and 180 SF of meeting space, creating a well-rounded lodging option for both business and leisure travelers. The property also benefits from its location within an Opportunity Zone, providing attractive incentives for investors.

FOR SALE DETAILS

PRICE

$6,050,000 USD

PRICE/SF

$105 USD /SF

# OF ROOMS

87

PRICE/ROOM

$69,540 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn & Suites University Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1999

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

Commercial

APN/PARCEL ID

032J00900000

ASK ABOUT THIS PROPERTY

Andrew PostNewGen AdvisoryMore Info
805-557-8857

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Andrew PostNewGen AdvisoryMore Info
805-557-8857

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