990 Maple St - Hospitality FOR SALE


Russell Springs, KY 42642
$2,200,000 USD
606-679-2656
990 Maple St, Russell Springs, KY for Sale
$2,200,000 USD
Hospitality - FOR SALE
1/29
null | Request Cap Rate

990 Maple St
Russell Springs, KY 42642


HIGHLIGHTS

  • Commercial Lot on 127
  • Most all rooms renovated
  • large parking lot

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$110 USD /SF

# OF ROOMS

53

PRICE/ROOM

$41,509 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Laker Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1989

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

-

APN/PARCEL ID

032-90-04-003.00

ASK ABOUT THIS PROPERTY

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

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

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