Airport Redevelopment - Former Hotel & Conference Center

Hospitality for Sale
Auction
Catylist Listing ID: 30872525
Property Subtypes: Convention Center, Hotel, Other
Number of Units: 1 Units
Building Size (RSF): 91,249 SF
Gross Building Area: See Agent
Gross Land Area: 3.52 SF
Sale Price: See Agent
Property Use Type: Investment
Sale Terms: Undisclosed
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Last Updated: 5/20/2024

Overview / Comments

High demand location off I-65 across from the Louisville International Airport and UPS Hub. 91,249+/- SF hotel and conference space on 3.52+/- acres, built in 1974, zoned C2. Hotel is 65,826+/- SF, 6 stories and 155 keys. Conference center is 25,423+/- SF and is 1 story.

This site is approved for a Marriott Delta hotel. Seller has provided all drawings, blueprints, and specs to begin development. Marriott franchise agreement can be assumed or canceled.

Redevelopment/conversion opportunity - multi-family, transitional housing, healthcare, hospital, etc. Property sold “As Is”.

2709 Fern Valley Rd and 6122 Airport Hotels Blvd, Louisville, KY 40213

Subject to CREXI auction rules.
- Non-Contingent
- Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
- Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
- $10,000 Participation Deposit
- For registration requirements and regulations, please review here or contact Hannah Ladenheim | 936-274-1332 | hladenheim@crexi.com.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 087L00250000
Zoning: C-2 - Commercial District
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Visibility: Excellent
Airports: Louisville International Airport
Number of Stories: 6
Year Built: 1974
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,110 75,831 268,615
Median Age: 35.08 35.52 36.63
Households: 2,299 30,914 111,395

Contact

Photograph of Listing Agent

Stephanie L Gilezan

EXP Realty LLC KCREA Member
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