We are pleased to present a prime investment opportunity—a 22-room motel at 1420 Triplett Street in Owensboro, Kentucky. This property offers significant potential for both **emerging investors** entering the real estate market and seasoned professionals looking to expand their portfolios. Property Highlights: - Strategic Location: Positioned in a high-visibility area with convenient access to major highways, local businesses, dining establishments, and shopping centers. - Accommodation Capacity: Features 22 guest rooms with a laundry room and 2-bedroom manager suite creating substantial potential for renovation and modernization to enhance guest experience and increase revenue. - Ample Parking: Provides generous off-street parking facilities, adding to guest convenience and property appeal. - Value-Add Potential: Ideal for investors aiming to reposition the property through strategic upgrades, rebranding efforts, or conversion into extended-stay units or short-term rentals. Investment Advantages: - Versatile Investment Strategies: The property's flexibility allows for various approaches, including maintaining it as a traditional motel, transforming it into a boutique hotel, or developing it into alternative rental accommodations. - Growth Potential: Opportunity to increase occupancy rates and revenue through targeted renovations and effective management practices. - Accessible Entry Point: An attractive proposition for new investors due to its manageable size and the potential for significant returns on a relatively modest initial investment. - Portfolio Diversification: For experienced investors, this property offers the chance to diversify holdings and capitalize on the hospitality sector's profitability. Why Invest in Owensboro: Owensboro is a thriving city with a growing economy, making it an excellent location for hospitality ventures. The city's attractions, events, and business activities generate a steady demand for accommodations. This property represents a unique opportunity to unlock value and achieve attractive returns. Interested parties are encouraged to conduct due diligence to fully appreciate the potential this motel offers. For more information or to schedule a private viewing, please contact me at your earliest convenience. *Brokered by eXp Realty*