2550 Lone Oak Rd - Hospitality FOR SALE


Paducah, KY 42003
$2,200,000 USD
270-444-6008
2550 Lone Oak Rd, Paducah, KY for Sale
$2,200,000 USD
Hospitality - FOR SALE
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2550 Lone Oak Rd
Paducah, KY 42003


OVERVIEW

Income producing property in Lone Oak! Beautiful, well-kept established 33 room hotel one mile from I-24. Motel includes a 3 bedroom, 2 bath manager's apartment, 19 kitchenettes - 800 square feet, 11 studio suites - 450 sq. ft., and 3 small rooms approximately 350 sq. ft. 12 rooms have been remodeled (new floors and AC), new paint and a new stairwell in the back building. A new lock system has been installed also. Great investment!

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$133 USD /SF

# OF ROOMS

33

PRICE/ROOM

$66,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Travelers Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1947

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

COM

APN/PARCEL ID

097-11-00-047

ASK ABOUT THIS PROPERTY

Gerald WatkinsPurchase Realty GroupMore Info
270-444-6008

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Gerald WatkinsPurchase Realty GroupMore Info
270-444-6008

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