Listed by SVN | The Martin Group Evansville
$3,600,000
Quality Inn - Benton/Draffenville, KY
Details
APN 0D-03-00-073.02C00
Property Type Hospitality
Sub Type Hotel
Square Footage 29,040
Keys 55
Occupancy 57.14%
Brand/Tenant Quality Inn
Price per SqFt $136
Broker Co-Op Yes
Year Built 1997
Year Renovated 2024
Buildings 1
Stories 2
Acreage 3.540
Parking Spaces 61 spaces
Parking Per SqFt 2.10
Investment Type Owner/User
Ownership Partnership
Sale Condition For sale by owner
Well maintained 55 room hotel in the tourist hot spot of Western Kentucky.
Marketing description
SVN | The Martin Group is pleased to present the Quality Inn – Benton /
Draffenville, Kentucky. This well-maintained and recently renovated
property provides investors / operators with 55 rooms that cater to
travelers, theater patrons, outdoor enthusiasts, fisherman, college athletics
fans of nearby Murray State, youth sports participants, and tourists visiting
the Western Kentucky Lakes region. This property has recently undergone
an extensive property improvement program that included replacing
common area carpets (lobby, hallway, and breakfast area), painting
hallways, replacing bedframes, furniture and headboards, upgrading room
lighting, removing wallpaper, and paining rooms. Upgrades also include the
replacement of the pool dehumidifier and filtration system. This well-run
hotel has a steady staff, strong referral connections with local
entertainment venues and local houses of worship, making it a valued asset
in the community and one with an excellent reputation of a quality of stay
and consistent good service. For more detailed financial information,
please request a CA from the property specialist, Richard Clements.
Investment highlights
- 55 rooms that include: Four 1-bedroom suites with kitchenette and jet tub / Five King Bed Suites / Two Queen Bed Suites / Three Accessibility Suites (2 King, 1 Queen) / Twenty-One Standard King Rooms / Nineteen Standard Queen Rooms / One Small Queen Room.
- 24 Seat Breakfast Area
- Indoor Pool with Two Outdoor Patios
- Meeting Room / Small Conference Center
- 61 Space Parking Lot with 120V electric plugs available for boats and trailers
- Additional parking for tractor trailers and larger RVs
- Nearly completed PIP (95%) that included lobby and hallway carpets, hallway painting, case good replacements, headboard and bed frame replacement
- Owner/Operator Property with 12 Housekeeping Staff / 6 Front Desk Managers
Listing Contacts
Listed by SVN | The Martin Group Evansville
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