Property History
Property Type
Property Type
Property Subtype
Marketing Description
NewGen Advisory is pleased to present the 144 room OYO Townhouse in Owensboro, Kentucky. This is a phenomenal opportunity in the 4th largest city in the state where a buyer can either continue to operate the hotel or can work with the city of Owensboro to convert the property to a different use. Amenities include an indoor pool, on-site bar, Milligan's Lounge, fitness center and a game room with video games. Owensboro is easily accessed by I-165, just 2 hours to Louisville and Nashville, and 3 hours to Cincinnati, St. Louis, and Indianapolis, making it a central location to add to your existing portfolio.
Property website: https://newgenadv.com/hotels-for-sale/?propertyId=OYOOwensboroKY
Broker of Record
KY Broker of Record
H. Brandt Niehaus
Huff, Niehaus & Associates, Inc
Lic. No. 26654
Investment Highlights
- 144 units
- Large 3.38 acre property with Indoor Pool and Full Commercial Kitchen
- Substantial Capital Improvements of over $500,000
- Zoned B4 - Possible Multifamily or other Change of Use Conversion
- 2 Buildings, Can be Converted to 2 separate Hotels or Dual Branded
- Priced to Sell at $25,000 per key
- Central to Louisville, Nashville, St. Louis, and Indianapolis
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
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Map
Comparable Properties
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