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Royal Inn Marion KY

Charming Investment Opportunity | Hospitality | 19 Keys

Listing Contacts

Active

Asking Price: $1,500,000
Address 

225 Sturgis Rd, Marion, KY 42064

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Date Added
Jun 20, 2023
Days on Market
638 days
Time Since Last Update
76 days

Details

Property TypeHospitality
SubtypeMotel
Keys19
Lot Size (acres)2.7

Marketing Description

Royal Inn is a charming investment opportunity located at 225 Sturgis Rd, Marion KY.​ The 2.7-acre property features 19 well-maintained rooms with all the necessary amenities.​ The inn was built in 1951 but has undergone renovations over the years to keep it up-to-date.​ This property offers an ideal setting for investors looking to break into the hospitality market or expand their portfolio.​ The current offering price for Royal Inn is $1,799,900, with a price per key of $94,732.​ The demographic statistics show that the property is located in a growing and prosperous area with a 2022 median household income reaching $50,158 for a one-mile radius and averaging $76,494.​ Royal Inn's location is also highly desirable, with an aerial map showing the convenient proximity of major highways and attractions.​ It has easy access from I-24 and US-60 and is just minutes away from the James Bruce Convention Center, Lake Barkley, and Kentucky Lake.​ Don't miss out on this incredible opportunity to own a piece of hospitality real estate in the beautiful and thriving town of Marion, KY.​ Inquire now for more information and to schedule a viewing.​

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Due Diligence

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Please reach out to the listing contacts for details.

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