Super 8


Price:
$1,095,000

Address :
191 Falls Creek Drive
Louisa, KY 41230


  •  Price Subject to Land Lease.
  •  Perfect Opportunity for an Owner/Operator.
  •  Priced at a Discount to Replacement Costs.
  •  Excellent Candidate for SBA 7 Financing.
  •  Interior Corridor Design in Excellent Physical Condition.
  •  Positioned just Southwest of Huntington, West Virginia, Home to Marshall University.
    View Map    View Aerial
  •  Situated at the intersection of Country Music Highway 23 and Highway 3
  •  Louisa is positioned just outside of Huntington, West Virginia, home to Marshall University
  •  Close to Regional Demand Generators, Including...
    •  0.5 Mile to Niddle Nose Dam
    •  0.5 Mile to Falls Creek Pavilion
    •  3.0 Miles to Bridge Over Two Rivers
    •  5.0 Miles to Eagle Ridge Golf Course
    •  5.0 Miles to Yatesville Lake & Marina
  •  45 Rooms
  •  Lounge
  •  Continental Breakfast Area (Seats ±10)
  •  Guest Laundry
  •  2-Story
  •  Interior Corridor
  •  Concrete Slab
  •  Wood Structure
  •  Stone & Vinyl Facade
  •  Asphalt Shingle Roof
  •  Asphalt Parking Lot
  •  Built 1997
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2015
2016
2017
T-12Mos 9/18
Occupancy
60.55%
63.83%
43.22%
45.87%
Average Daily Rate
$64.66
$66.53
$65.10
$65.15
Room Revenue
$642,378
$697,488
$467,657
$490,892
Net Operating Income
$93,842
$157,936
($44,821)
($21,644)
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!