3304 Bardstown Rd - Hospitality FOR SALE


Louisville, KY 40218- Bashford Manor
$9,700,000 USD
248-540-1000
3304 Bardstown Rd, Louisville, KY for Sale
$9,700,000 USD
Hospitality - FOR SALE
1/4
null | 9.27% Cap Rate

3304 Bardstown Rd
Louisville, KY 40218
Bashford Manor


HIGHLIGHTS

  • 33,694 +/- SQFT
  • 150 Surface Parking Spots

OVERVIEW

Attractive Basis with Strong Downside Protection: Acquisition of a 192-key hospitality asset at a significant discount to replacement cost, offering an attractive entry point with immediate operational cash flow.? Substantial 192-Key Scale: Large, institutional-friendly footprint that supports robust operational efficiencies, economies of scale, and administrative cost-sharing.? Unbeatable Interstate Access & Visibility: Prominently positioned along the heavily trafficked Bardstown Road (US-150) right at the I-264 (Watterson Expressway)? Resilient Demand for Value-Oriented Lodging: Serves a deep, proven local demand pool of budget- conscious travelers, extended-stay guests, and regional contract workforces in a submarket protected by limited new budget-tier development.? Proximity to Louisville’s Major Tourism & Transit Hubs: Located under 10 minutes from the Kentucky Exposition Center, Kentucky Kingdom, and Louisville International Airport (SDF), tapping directly into the city's highest-volume leisure and commercial demand generators.?

FOR SALE DETAILS

PRICE

$9,700,000 USD

PRICE/SF

$288 USD /SF

# OF ROOMS

192

PRICE/ROOM

$50,521 {currency}

CAP RATE

9.27%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Budgetel Louisville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1958

PARKING SPACES

150

LAND DETAILS

LAND ACRES

3.02 AC

LAND SF

131,551 SF

ZONING

C2-COMMERC

APN/PARCEL ID

061001180000

ASK ABOUT THIS PROPERTY

Ellory BarnetteColliersMore Info
248-540-1000

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Ellory BarnetteColliersMore Info
248-540-1000

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