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627 S 2nd St
Central City, KY 42330

$3,950,000 USD

Hotel For Sale  •  22,848 SF

Property Details

  • Property Type Hotel
  • Total Building Size 22,848 SF
  • Lot Size 0.94 AC
  • Building Class C
  • Year Built 2006
  • Cap Rate 12.20 %
  • Zoning CM
0 Transit Score
36 Walk Score

Description 

This 37-room, interior-corridor hotel offers a stable investment with strong brand recognition in a market with limited competition. The property features a 2-story design with an elevator, outdoor pool, and fitness center. Built in 2007.

Highlights

High Average occupancy 67% and ADR $118
small property ideal for hands on owner/operator or first time buyer.
Built in 2007, no Major PIP, Auto transfer

Property Flyers

Cap Rate: 12.20 %

Major Tenants

Tenant SF Occupied Lease End Date
El Bracero

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Vijay Puniani 219-363-1207 Nationwide Commercial Financing
Vijay Puniani 219-363-1207 Nationwide Commercial Financing