115 Old Versailles Rd - Commercial LAND FOR SALE


Frankfort, KY 40601 168,577 SF
$1,500,000 USD
909-456-3481
115 Old Versailles Rd, Frankfort, KY for Sale
$1,500,000 USD
Commercial LAND - FOR SALE
1/6
168,577 SF

115 Old Versailles Rd
Frankfort, KY 40601


HIGHLIGHTS

  • Brand-New 4-Story WoodSpring Suites to Be Constructed
  • Excellent Location at the Intersection of Interstate 64 and U.S. Route 60
  • 3 Miles from Kentucky State University
  • Located 5 Miles From the Kentucky State Capitol, Offering Convenient Access to This Historic Landmark

OVERVIEW

Property Tours Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers. Marcus & Millichap has been chosen to exclusively market for sale a shovel-ready 3.87± acre site for a WoodSpring Suites Development, a four-story, interior corridor hotel in Frankfort, Kentucky. The property will feature 122 interior-corridor guest rooms, each including a full kitchenette and a sofa bed. The WoodSpring Suites Development represents the opportunity to acquire a Choice-branded hotel development project in a stable market. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Frankfort region.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$387,597/AC

PRICE/SF

$9 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

WoodSprings Suites Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Hotel

LAND ACRES

3.87 AC

LAND SF

168,577 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Streets

ZONING

C

APN/PARCEL ID

086-00-00-020.00

ASK ABOUT THIS PROPERTY

Gordon AllredMarcus & MillichapMore Info
909-456-3481

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Gordon AllredMarcus & MillichapMore Info
909-456-3481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.