Radisson Hotel Louisville North


Address :
505 Marriott Dr
Clarksville, IN 47129

  •  Improving performance in both revenues and profitability
  •  Excellent physical condition with just under $1,700,000 in renovations over the past three years as part of conversion to Radisson
  •  Approximately $32,500 per room renovated
  •  2.25 multiple of trailing 12 month room revenues
  •  Well located in metro Louisville market, near downtown and major interstates
    View Map    View Aerial
  •  Located north of the Ohio River, Clarksville is part of the Louisville Metropolitan Statistical Area, which is home to 1,293,873 people
  •  Well-Developed Sub-Market with Numerous Restaurants, Retail & Travel-Related Services
  •  Great Visibility & Market Presence With Easy Access to Interstate 65
  •  Only Minutes from Downtown Louisville
  •  Adjacent to Atlantis Water Park
  •  Close to Regional Demand Generators:
    •  2 Miles to Belle of Louisville Steamboat
    •  2 Miles to the Louisville Slugger Park & Museum
    •  8 Miles to Churchill Downs & the Kentucky Derby Museum
    •  9 Miles to River Ridge Commerce Center
    •  9 Miles to Louisville Zoo
    •  13 Miles to Horseshoe Southern Indiana
  •  Two 3-Story Buildings
  •  One 9-Story Building
  •  Interior Corridors
  •  Concrete and Steel Structure
  •  Brick Veneer Exterior Walls
  •  Flat, Built-Up Roof
  •  Asphalt Parking Lot (±835 Spaces)
  •  Champions Grille & Quarter Pole Lounge
  •  Meeting Space (15,694 Sq. Ft.)
  •  Guest Laundry, Business Center, Wireless Internet, Fitness Center
  •  Indoor Pool, Outdoor Pool with Sundeck, Miniature Golf Course, Outdoor Tennis Court
  •  Beauty Salon, Atlantis Water Park (Seasonal), Helicopter Pad
  •  ±19.962 Acres
  •  Built 1969, Tower Added 1973
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T-12Mos 5/19
Average Daily Rate
Room Revenue
Net Operating Income
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!