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30033968

5531 Athens Boonesboro Rd, Lexington, KY 40509

KP
KY 30210
Keller Williams Realty Louisville
Listed by Keller Williams Realty Louisville
$2,900,000
93 days on market
Updated 84 days ago

Comfort Inn

Details
APN 38239360
Property Type Hospitality
Sub Type Hotel
Square Footage 36,327
Keys 59
Price per SqFt $80
Year Built 1995
Year Renovated 2021
Stories 3
Acreage 2.001
Zoning B-5P
Investment Type Owner/User

Hospitality | 59 Keys

Marketing description

We are pleased to present the hospitality asset located at 5531 Athens Boonesboro Rd, Lexington, KY 40509 — a nationally affiliated hotel opportunity positioned in one of Lexington’s strongest commercial corridors. This interior corridor property offers 59 guest rooms and was originally constructed in 1995, with a comprehensive Property Improvement Plan (PIP) completed in 2021 to align with current brand standards and modern guest expectations.

The hotel features updated guest rooms and refreshed common areas, along with amenities designed to attract both business and leisure travelers, including a fitness center, complimentary breakfast area, and indoor pool. The recent capital improvements and efficient layout create a strong operational foundation with limited near-term capital expenditure requirements.

Strategically located directly off I-75, the property benefits from excellent visibility and accessibility. It is situated near Lexington’s new professional soccer stadium and less than seven miles from Downtown Lexington, placing it within close proximity to major demand drivers such as the University of Kentucky, leading medical facilities, equine industry operations, retail centers, and regional tourism attractions.

The property sits on approximately 1.9 acres and is zoned B-5, allowing continued hospitality use with flexibility for future operational enhancements or repositioning. As part of a nationally recognized hotel family, the asset benefits from brand recognition, an established reservation system, and a loyal customer base that supports occupancy and revenue performance.

In addition to its stabilized performance, this offering represents one of the most compelling value-add hospitality opportunities currently available in the market, with an anticipated opportunity for future brand conversion that may allow for strategic repositioning and enhanced revenue potential. This flexibility creates meaningful upside for investors seeking both immediate cash flow and long-term asset appreciation.

Detailed financial information, including ADR, RevPAR, occupancy history, and operating expenses, is available upon execution of a Confidentiality Agreement.

All visits must be scheduled and confirmed through the listing broker to respect ownership and confidentiality.

Investment highlights

Highlights:

  • 59-key interior corridor hotel

  • Built in 1995 with full PIP completed in 2021

  • Located directly off I-75 in Lexington, KY

  • Near Lexington’s new professional soccer stadium

  • Situated on approximately 1.9 acres

  • Zoned B-5 (commercial)

  • Fitness center, complimentary breakfast area, and indoor pool

  • National brand affiliation with reservation support

  • Potential future brand conversion opportunity

  • Strong value-add and repositioning upside

  • Financials available with a signed Confidentiality Agreement

    All visits must be scheduled and confirmed through the listing broker

Listing Contacts

KP
KY 30210
Keller Williams Realty Louisville
Listed by Keller Williams Realty Louisville

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Additional Information

Name
Krisi Patel
License
30210
Brokerage
Keller Williams Louisville
Brokerage Phone
5023879205
Title
Commercial Agent
Brokerage Address
240 Whittington Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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