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Quality Inn & Suites University Airport 311 E Gaulbert Ave 87 Room Hotel Louisville, KY 40208 $8,378,705 CAD ($96,307 CAD/Room)
INVESTMENT HIGHLIGHTS
- 87 units, three-story, interior corridor
- Priced under $70,000/key
- Located in an Opportunity Zone
- Located near key demand generators such as the University of Louisville and Yum! Brands
EXECUTIVE SUMMARY
Andrew Post and Brendan "Mac" Bleier of NewGen Advisory: The Bowman Post Group is proud to present for sale the Quality Inn & Suites (University/Airport) - Louisville, KY. This 87-room, midscale hotel offers investors a strong opportunity in an established urban market. Operating under the trusted Quality Inn brand by Choice Hotels International, Inc., the property has been open consistently since its debut in September 1999. Built with durable wood-frame construction, the Quality Inn & Suites (University/Airport) - Louisville, KY spans 57,702 SF across 1.81 acres of commercially zoned land. Guest amenities include interior corridors, a surface parking lot with 100 spaces, and 180 SF of meeting space, creating a well-rounded lodging option for both business and leisure travelers. The property also benefits from its location within an Opportunity Zone, providing attractive incentives for investors.
PROPERTY FACTS
| Price | $8,378,705 CAD | No. Rooms | 87 |
| Price Per Room | $96,307 CAD | No. Stories | 3 |
| Sale Type | Investment | Year Built/Renovated | 1999/2010 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.73/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.81 AC | Opportunity Zone |
Yes
|
| Building Size | 57,702 SF | ||
| Zoning | Commercial | ||
| Price | $8,378,705 CAD |
| Price Per Room | $96,307 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.81 AC |
| Building Size | 57,702 SF |
| No. Rooms | 87 |
| No. Stories | 3 |
| Year Built/Renovated | 1999/2010 |
| Tenancy | Single |
| Parking Ratio | 1.73/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 8 | $227.13 CAD | - |
| Guest Room | 79 | $164.80 CAD | - |
Bike Score®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 032J00900000 | Improvements Assessment | $5,302,485 CAD |
| Land Assessment | $1,617,550 CAD | Total Assessment | $6,920,034 CAD |
PROPERTY TAXES
Parcel Number
032J00900000
Land Assessment
$1,617,550 CAD
Improvements Assessment
$5,302,485 CAD
Total Assessment
$6,920,034 CAD
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Quality Inn & Suites University Airport | 311 E Gaulbert Ave
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