Travelodge by Wyndham - Louisville, KY Market
Hospitality
for Sale
| Catylist Listing ID: |
30856697 |
| Property Subtypes: |
Hotel
|
| Number of Units: |
93 Units |
| Building Size (RSF): |
35,904 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2.88 Acres
|
| Sale Price: |
$3,700,000 |
| Unit Price: |
$39,784.95 Per Unit |
| Property Use Type: |
Business |
| Name of Establishment: |
Travelodge |
| Franchise Parent Name: |
Wyndham |
| Sale Terms: |
Cash to Seller |
| Auction Type: |
Undisclosed Reserve |
| Last Updated: |
11/27/2023 |
Overview / Comments
|
Recently updated and remodeled 93 room economy exterior corridor hotel. 3+/- acres located off I-65 exit, in a fast growing residential/commercial area. Positive cash flow, no debt. No PIP required. Renovations included rooms and FF&E. Roof is less than 5 years old. Amenities include whirlpool tubs, executive suites, outdoor pool, guest laundry, breakfast area, meeting room, manager's suite, and 120 parking spaces. Franchise agreement expires May'24.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Clark |
| Tax ID/APN: |
100908700321000030 |
| Zoning: |
INDUSTRIAL |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Convention |
| Largest Nearby Street: |
Old State Road 50 |
| Highway Access: |
Hwy I-65 exit |
| Airports: |
SDF |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
1972 |
| Year Renovated: |
2022 |
| Water Recreation: |
Outdoor Pool |
| Total Parking Spaces: |
120 |
| Parking Type: |
Surface |
| Zoning Description: |
Industrial |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,562 |
30,651 |
96,198 |
| Median Age: |
34.66 |
38.36 |
38.22 |
| Households: |
1,705 |
11,781 |
38,613 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
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