4540 TAYLORSVILLE RD Louisville KY 40220-3528

Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the Hometowne Studios Louisville (hereinafter “Property” or “Hotel”), an extended stay hotel located in Louisville, Kentucky. The Property is located in east Louisville, just southwest of the intersection of Taylorsville Road and Salsman Drive and is easily accessible from Interstate 64. The Hotel is in close proximity to area restaurants, retail, and entertainment including the Louisville Zoo, Louisville Mega Cavern, Belle of Louisville, and Louisville Slugger Museum & Factory, among others. The Louisville International Airport is less than nine miles from the Property.

The Hotel is a three-story, exterior corridor building offering 141 guestrooms. Opened in 1997 as an independent hotel, the Property is situated on approximately 2.26 acres. In addition to standard guestroom amenities, all guestrooms feature kitchenettes with full-sized refrigerator, flat-screen television, and complimentary internet access. Hotel amenities include weekly housekeeping, guest coin laundry, and additional bus and truck parking.

The Property is ideally suited for a new owner seeking conversion opportunities to multi-family or other types of housing. Given the Hotel’s location, full kitchenettes in each guestroom, and building layout, the Property offers the conversion buyer an opportunity to gain market share with considerable less cost compared to a new build. Another opportunity is to keep the property a Hometown Studios and increase revenues through on-hand owner/operator management, increasing marketing efforts with local businesses, and performing upgrades to the guestrooms and common areas.

- 141 Non-smoking guestrooms

- Three-Story, Exterior Corridor

- Extended-Stay Hotel

- Prime opportunity for Multi-Family conversion