Baymont Inn & Suites - Mt. Vernon, KY
Baymont Inn & Suites Mount Vernon, I-75 Hotel Investment Opportunity Adjacent to Renfro Valley
Marketing description
Baymont by Wyndham Mount Vernon Renfro Valley at 2090 Richmond Street, Mt. Vernon, KY 40456 offers investors the opportunity to acquire a well-located, branded hotel in the heart of Kentucky’s celebrated music and tourism corridor. Situated just 0.3 miles from I-75 at Exit 62 and on the grounds of the Renfro Valley Entertainment Center, the property benefits from strong visibility and demand drivers including the Kentucky Music Hall of Fame, Berea College, Eastern Kentucky University, Lake Linville, Cumberland Falls, and the Daniel Boone National Forest.
This 2-story, interior-corridor hotel features 50 guestrooms, including 45 double queen rooms and 5 king Jacuzzi suites, on approximately 2.5 acres. Amenities include an 800 SF breakfast/event room, seasonal outdoor heated pool with sundeck, elevator, guest laundry, EV charging stations, free Wi-Fi, and ample parking for cars, buses, and RVs.
With trailing 12-month room revenue exceeding $613,000, NOI of approximately $230,000, fee simple ownership, and franchise term extending through December 2036, this unencumbered asset presents immediate cash flow with upside through room upgrades, ADR growth, and enhanced digital marketing.
Investment highlights
- Strategically located off I-75 (Exit 62), nearest hotel to KY Music Hall of Fame & Museum along with other attractions. Means … market generators to provide room demand to maximize room revenues.
- Best hotel at exit with some room renovations and exterior paint. Means … improve online ratings and drive ADR growth still dominate the market.
- Digital marketing push. Enhance use of online travel agents, social medial and review management. Means … improved revenues and profits.
- Interior corridor and good size rooms. Means … provides potential opportunity and exit strategy to maximize the capital invested returns.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
