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: 12/4/2023

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
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

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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


Photograph of Listing Agent

Stephanie L Gilezan

EXP Realty LLC KCREA Member
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