Catylist ID:
#30817340
| Catylist Listing ID: | 30817340 |
| Property Subtypes: | Motel |
| Number of Units: | 120 Units |
| Building Size (RSF): | See Agent |
| Gross Building Area: | See Agent |
| Gross Land Area: | 2.95 Acres |
| Sale Price: | $2,300,000 |
| Unit Price: | $19,166.67 Per Unit |
| Property Use Type: | Investment, Business |
| Franchise Parent Name: | Econo Lodge |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 1/23/2023 |
Overview / Comments
|
Econo Lodge for Sale! Great location across the street from the Corbin Arena. Surrounded by restaurants. 8 miles to Cumberland Falls National Park 5 miles to Laurel Lake 70 rooms have been fully renovated. Parking lot paved 5 years ago. Upgraded swimming pool. |
Additional Details
| Nearest MSA: | London |
| County: | Whitley |
| Tax ID/APN: | 120-00-00-079.01 |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino, Other |
| Property Visibility: | Excellent |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,455 | 16,041 | 26,917 |
| Median Age: | 42.22 | 40.62 | 39.61 |
| Households: | 618 | 6,532 | 10,818 |
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