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3Y MOTEL Mt. Vernon KY I-75 1798 S Wilderness Rd 45 Room Hotel Mount Vernon, KY 40456 $1,378,930 CAD ($30,643 CAD/Room)
INVESTMENT HIGHLIGHTS
- Excellent income producing opportunity!
- Ample parking!
- Prime visibility!
EXECUTIVE SUMMARY
Excellent income producing opportunity. 46 unit motel located just off I75 in Mt Vernon and situated on 1.4 of an acre. The motel consists of 45 rooms available for guests: 33 rooms with King size 1 bed, 12 rooms with 2 queen size beds, 1 housekeeper room with kitchen apart from the 45 rooms, Front units were renovated in 2018 and some back units per Seller. Owner lives on site presently in attached owner's quarters that consists of 3 bedrooms and 2 bathrooms. KU electric, blacktop paved parking lot, storage building on site, all operating motel equipment stays and individual heat/air in each unit. Security cameras on the property. Priced to sell. Per previous title entrance is an easement (30ft)
PROPERTY FACTS
| Price | $1,378,930 CAD | Building Size | 21,157 SF |
| Price Per Room | $30,643 CAD | No. Rooms | 45 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1975/2006 |
| Property Subtype | Hotel | Parking Ratio | 2.3/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.91 AC | ||
| Zoning | R-1 | ||
| Price | $1,378,930 CAD |
| Price Per Room | $30,643 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.91 AC |
| Building Size | 21,157 SF |
| No. Rooms | 45 |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2006 |
| Parking Ratio | 2.3/1,000 SF |
| Corridor | Exterior |
| Zoning | R-1 |
AMENITIES
- Patio
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 45 | $75.84 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 046E-00-041.01 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $421,128 CAD |
PROPERTY TAXES
Parcel Number
046E-00-041.01
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$421,128 CAD
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3Y MOTEL Mt. Vernon KY I-75 | 1798 S Wilderness Rd
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