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20970159
20970160

230 Salem Dr, Owensboro, KY 42303 For Sale

AB
OH OH SAL.2015005693
Charles Hart Hospitality
Listed by Charles Hart Hospitality
$5,000,000
588 days on market
Updated 15 days ago

Comfort Suites Owensboro

Details
Property Type Hospitality
Sub Type Hotel
Keys 66
Year Built 2002
Buildings 1
Stories 3
Acreage 1.580

Hospitality | 66 Keys

Marketing description

Charles Hart Hospitality Group is proud to exclusively offer for sale the 66-room Comfort Suites Owensboro. The hotel is located 3 miles south of downtown Owensboro, Kentucky directly off of US Route 60 and is strategically located within ten minutes of Kentucky Wesleyan College and Brescia University.

The Comfort Suites Owensboro is being offered at $5,000,000. The hotel has been largely absentee managed over the last four years and will be delivered unencumbered of management. The asset provides an excellent opportunity for an investor to benefit from a new 20-year license with a minimal PIP, while increasing revenues and already present cash flow with active hands-on management.

We proudly collaborate with our Kentucky Broker of Record Jefferson Colin Underhill of Pluris Real Estate for all of our Kentucky Listings.

Investment highlights

  • 20 Year License

  • Healthy Historic Cash Flow

  • Management Company Operated

  • ABSENTEE OWNERSHIP

  • $66 RevPAR CompSet- Significant Upside

Listing Contacts

AB
OH OH SAL.2015005693
Charles Hart Hospitality
Listed by Charles Hart Hospitality

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