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Baymont Inn & Suites
Price:
$2,500,000
[Currently Under Contract]
Address :
1891 Lantaff Boulevard
Madisonville, KY 42431
Interior-corridor property presents several options for franchise conversion
Madisonville is the regional center for commerce in western Kentucky along Interstate 69
Growing manufacturing and distribution hub
SBA financing candidate
Ideal size and operating model for owner/ operator
Offered at discount to replacement cost
Adjacent ±2 acres available for future expansion at additional cost
Location/Market
Physical Plant
Financials
The City of Madisonville, county seat for Hopkins County, is the center of commerce for western Kentucky.
Home to Baptist Health Deaconess Madisonville
Close to Regional Demand Generators:
Baptist Health Madisonville
Madisonville Community College
Glema Mahr Center of the Arts
Hopkins County-Madisonville Fairgrounds
Pennyrile Forest State Resort Park
52 Rooms
2 Stories, Interior Corridor
Stucco Façade
Concrete Block Construction
Pitched, Asphalt-Shingled Roof
Asphalt Parking Lot
Wireless Internet
Breakfast Area
Meeting Room (20 Person Capacity)
Fitness Center
Seasonal Outdoor Pool
Oversized Vehicle Parking
Built in 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
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Financials
2018
2019
2020
2021
T-10Mos 10/22
Occupancy
53.23%
57.00%
32.66%
45.19%
53.1%
Average Daily Rate
$79.28
$70.84
$66.70
$69.88
$75.90
Room Revenue
$800,644
$766,480
$414,628
$599,427
$775,738
Net Operating Income
N/A
$198,830
$52,909
$40,317
$129,186
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!
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