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33624948
33624949

171 West Cumberland Gap Parkway, Corbin, KY 40701

VP
KY KY, KY
$3,300,000
1 day on market
Updated 1 day ago

171 West Cumberland Gap Parkway

Details
Property Type Hospitality
Sub Type Hotel, Motel
Keys 60
Cap Rate 6.06%
NOI $200,000
Occupancy 62%
Brand/Tenant Wyndham
Year Renovated 2010, 2024,2025
Stories 3
Investment Type Owner/User
Sale Condition For sale by owner

Hospitality | 60 Keys | $55,000/key

Marketing description

Positioned in the heart of Corbin, Kentucky, this 60‑room Super 8 by Wyndham offers investors a strong-performing hospitality asset backed by one of the most trusted economy brands in the industry. With a 62% occupancy rate, ADR of $62.00, and RevPAR of $39.00, the property delivers consistent revenue supported by steady traveler demand and the powerful reach of Wyndham’s national reservation and loyalty platforms.

Recent capital improvements—including new bed frames, mattresses, bathroom mirrors, dry bars and additional furniture, fresh interior paint, hallway and stairwell carpeting, exterior paint, new exterior signage, and parking lot seal & striping—position the property for continued operational efficiency and improved guest satisfaction. These upgrades reduce near‑term CapEx needs and enhance the overall guest experience, strengthening both occupancy and rate potential.

Located near major highways, regional attractions, and key commercial corridors, the motel benefits from reliable year‑round demand from travelers, contractors, and repeat guests. The property’s strong brand presence, clean and updated rooms, and proven performance metrics make it an attractive opportunity for both seasoned operators and new entrants seeking a stable, scalable hospitality investment.

With opportunities to enhance revenue through ADR optimization, targeted amenity upgrades, or expanded marketing strategies, this Super 8 offers immediate cash flow with meaningful long‑term upside. Minimum PIP requirements will be needed as property is Wyndham compliant.

Investment highlights

Strong RevPAR Performance — Revenue per available room is supported by consistent demand and brand‑driven booking volume.

High Occupancy Stability — Super 8 properties typically benefit from reliable year‑round occupancy due to roadside visibility, loyalty programs, and repeat travelers.

Powerful Wyndham Brand Recognition — National marketing, reservation systems, and loyalty programs (Wyndham Rewards) drive steady traffic and reduce customer acquisition costs.

Operational Efficiency — Streamlined housekeeping, standardized franchise systems, and predictable staffing requirements help maintain strong operating margins.

Prime Traffic‑Driven Location — Proximity to I-75, commercial corridors, and local attractions ensures consistent nightly demand from travelers, workers, and tourists.

ADR Growth Potential — Ability to adjust Average Daily Rate seasonally or strategically increases revenue without major capital investment.

Multiple Revenue Streams — Nightly stays, extended‑stay guests, walk‑ins, online travel agency bookings, and corporate accounts diversify income.

Franchise Support & Systems — Access to Wyndham’s reservation platform, training, quality assurance, and national advertising reduces operational risk.

Low Barrier to Management — Super 8 properties are known for simple operations, making them ideal for both new and experienced hospitality investors.

Upside Through Renovations — Cosmetic upgrades, room refreshes, or amenity enhancements can increase ADR, occupancy, and overall asset value.

Listing Contacts

VP
KY KY, KY

Valuation Calculator

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$200,000.00
$16,666.67/mo

Valuation Metrics

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DSCR
6.06%
Cap Rate
6.06%
ROI

Map

Zoning

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Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Vik Patel
License
KY, KY
Brokerage Phone
606-521-1938
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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