Listed by Keller Williams Realty West Monmouth
$1,300,000
Magnuson Hotel
Details
APN 089-00-00-054.01
Property Type Hospitality
Sub Type Hotel, Motel
Keys 46
Cap Rate 9.23%
NOI $120,000
Occupancy 60%
Year Built 2004
Stories 2
Parking Spaces spaces
Investment Type Value Add
Ground Lease No
Ownership Fee Fimple
Hospitality | 9.23% CAP | 46 Keys
Marketing description
- The Magnuson Hotel West Liberty interior corriodor is a 46-key, two-story hospitality asset located along West Main Street in West Liberty, Kentucky.
- The property benefits from strong visibility and accessibility within the primary commercial corridor of Morgan County. Positioned as a budget-friendly lodging option, the hotel serves a mix of leisure travelers, regional visitors, and workforce-related demand.
- The property is strategically located near major regional attractions including Red River Gorge, Cave Run Lake, and Natural Bridge State Resort Park, driving consistent tourism traffic. In addition, proximity to local employers such as Morgan County ARH Hospital and the Morgan County Industrial Park supports steady demand from business and extended-stay guests.
Investment highlights
- Established limited-service hotel with existing operations
- Near outdoor tourism destinations (Red River Gorge, Cave Run Lake)
- Only a small number of hotel options in the immediate market
- Positioned along West Main Street with easy access
- Leisure, workforce, and regional travel demand
- Ability to accommodate trucks, RVs, and extended-stay guests
Listing Contacts
Listed by Keller Williams Realty West Monmouth
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,000.00
$10,000.00/mo
Valuation Metrics
0
DSCR
9.23%
Cap Rate
9.23%
ROI
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