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    2 Replies Latest reply on Mar 16, 2009 9:39 AM by marylander

    Hotel / Motel Building for Sale (120 rooms) in Kentucky

    marylander Newbie
      FORMALLY RAMADA INN \\ (Owensboro, Kentucky) \\ ===================================== \\ Property Features: \\ • 120 hotel rooms \\ • Two elevators \\ • Lobby with restrooms and registration desk \\ • Restaurants & kitchens on 1st and 12th floors \\ • Bar and pool on top floor \\ • 60 marked parking spaces on property \\ • Zoned B-4 General Business \\ • 128' x 251' lot with frontage on 20th and Sweeney Streets and a 48' x 130' lot on Triplett Street \\ • This property has many potential uses: Hotel, Condominiums, Apartments, Assisted Living Residences, Offices and more. \\ Terms: \\
      \\ • Property view is available by appointment only. \\ • Out of town owner, \\ • This property sells “As is” with no warranties. It has been vacant and un-maintained for number of months. \\ Area Economic Trend: \\ Owensboro is expecting over billion dollars worth new construction business starting this spring (2008). Information about economic data & current market condition for the area shows growth for hotel industry. \\ Contact Information (serious inquery only):mhuda@capitoldba.comMr. Mohammed \\ 240-672-2714

       

      Some Property Details:


      • Potential uses: Hotel, Condominiums, Apartments, Assisted Living Residences, Offices and more.
      • Built in 1964, Unparallel historical value
      • Extra-ordinary steel based building foundation
      • Enclosed corridor, Glass & Steel construction
      • Lobby with restrooms and registration desk
      • Restaurants & kitchens on 1st and 12th floors
      • Bar and swimming pool on top floor
      • Zoned B-4 General Business
      • Corner property with 128' x 251' lot with frontage on 20th and Sweeney Streets and a 48' x 130' lot on Triplett Street
      • 60 marked parking spaces on property
      • 120 hotel rooms
      • Two elevators