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Best Western Central City 627 S 2nd St 37 Room Hotel Central City, KY 42330 $5,328,274 CAD ($144,007 CAD/Room) 12.20% Cap Rate
Investment Highlights
- High Average occupancy 67% and ADR $118
- Built in 2007, no Major PIP, Auto transfer
- small property ideal for hands on owner/operator or first time buyer.
Executive Summary
This 37-room, interior-corridor hotel offers a stable investment with strong brand recognition in a market with limited competition. The property features a 2-story design with an elevator, outdoor pool, and fitness center.
The offer includes significant real estate value across two parcels totaling 2.24 acres (a 1.49-acre hotel site and a separate 0.75-acre parking lot).
Located strategically near the TVA and Wendell H. Ford Regional Training Center, the hotel is well-positioned to capture steady corporate and government demand.
Demographically, Central City benefits from a stable industrial base and regular visitation from surrounding counties, creating dependable year-round occupancy. Its position as a commercial center is combined with limited hotel competition in the immediate area strengthens the market position of quality accommodations.
This strategic location positions the hotel to capture both business and leisure travelers, including corporate guests, government contractors, utility crews, and families visiting the area.
Central City offers a stable and proven hospitality market, making this Best Western investment an attractive and compelling opportunity.
HIGHLIGHTS :
The business is currently absentee owned.
on an owner-operated model, which is the most effective structure for a motel of this size to increase profit under a hands-on owner-operator reduce payroll and operating expenses.
High Avg occupancy 67% & ADR $118
Low taxes
Excellent property condition
Franchise auto transfer
No major PIP
Built in 2007
The offer includes significant real estate value across two parcels totaling 2.24 acres (a 1.49-acre hotel site and a separate 0.75-acre parking lot).
Located strategically near the TVA and Wendell H. Ford Regional Training Center, the hotel is well-positioned to capture steady corporate and government demand.
Demographically, Central City benefits from a stable industrial base and regular visitation from surrounding counties, creating dependable year-round occupancy. Its position as a commercial center is combined with limited hotel competition in the immediate area strengthens the market position of quality accommodations.
This strategic location positions the hotel to capture both business and leisure travelers, including corporate guests, government contractors, utility crews, and families visiting the area.
Central City offers a stable and proven hospitality market, making this Best Western investment an attractive and compelling opportunity.
HIGHLIGHTS :
The business is currently absentee owned.
on an owner-operated model, which is the most effective structure for a motel of this size to increase profit under a hands-on owner-operator reduce payroll and operating expenses.
High Avg occupancy 67% & ADR $118
Low taxes
Excellent property condition
Franchise auto transfer
No major PIP
Built in 2007
Property Facts
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 627 S 2ND ST , CENTRAL CITY, KY 42330
This 37-room, interior-corridor hotel offers a stable investment with strong brand recognition in a market with limited competition. The property features a 2-story design with an elevator, outdoor pool, and fitness center. Built in 2007.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 37 | $215.83 CAD | - |
1 1
Property Taxes
| Parcel Number | 142-03-01-009.002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,187,096 CAD |
Property Taxes
Parcel Number
142-03-01-009.002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,187,096 CAD
Contacts
-
Nationwide Commercial Financing Vijay Puniani -
BF Realty Brian Reid - Nationwide Commercial Financing
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Best Western Central City | 627 S 2nd St
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