727 Joe Clifton Drive, Paducah, KY 42001

Kabani Hotel Group, as the exclusive representative of the seller, is pleased to present the former Budgetel Inn Paducah, a 130-room, two-story hotel located at 727 Joe Clifton Drive in Paducah, Kentucky. This is currently a shutdown hotel.

Strategically positioned just off Highway 60 and approximately three miles east of Interstate 24 (Exit 4), the property benefits from exceptional accessibility and proximity to one of Western Kentucky’s primary transit corridors. The location supports consistent regional demand from commercial travelers, transport professionals, and transient guests navigating the I-24 corridor, alongside leisure demand driven by local attractions like Noble Park, Carson Park, and the nearby National Quilt Museum.

Originally constructed in 1959, the asset closed in 2024 after generating approximately $1,249,714 in annual gross revenue, demonstrating strong historical market viability. The property is currently primed for an aggressive value-add repositioning. Approximately 60 units have been partially converted with kitchenettes installed, drastically minimizing near-term construction timelines and positioning the asset for a swift reopening as a extended stay hotel, limited service hotel, or workforce housing.

The property features a highly flexible layout conducive to studio or micro-unit apartment configurations, alongside foundational guest amenities such as laundry facilities and ample surface parking. Its two-story, expansive footprint provides an institutional-sized footprint with low cost-basis entry compared to ground-up multifamily construction.

Paducah continues to experience steady economic growth as a designated UNESCO Creative City and a regional hub for healthcare, manufacturing, and river logistics. This offering represents a rare opportunity to acquire a high-capacity, well-located asset with immediate value-generation upside, immense redevelopment potential, and long-term capital appreciation.