Renovated 99-Room
For Sale
Contact for pricing
Pending
1005 New Moody Ln, La Grange, KY 40031
Best Western Ashbury Inn offers 99 rooms and underwent major renovations in 2023–2024.
Property SizeContact for details
Days on Market303
Property Features for 1005 New Moody Ln
General Information
Standard status
Pending
Property subtype
Hospitality
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1986
Year Renovated
2024
Stories
3
Listing Agency:
Charles Hart Hospitality
Listed By:
Andrew Bankhurst · License #OH SAL.2015005693
Source:
Crexi
Added: Nov 7, 2025
Changed: Aug 8
Last Checked: Jul 26 at 2:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles Hart Hospitality
Investment Insights
Based on property information with market context.
Best Western Ashbury Inn is a 99-room hotel that underwent major renovations in 2023 and 2024 to comply with Best Western’s new design requirements. The property is currently owned and operated by an absentee owner/operator, and the remarks indicate minimal to no PIP is expected upon transfer.
The hotel is located 25 miles north of Louisville off I-71. The surrounding demand drivers referenced in the materials include Churchill Downs, Kentucky Speedway, University of Louisville, and the Kentucky Horse Park, and it is described as being within the Kentucky Bourbon Trail.
The property’s value-add and operations are discussed in the offering materials in terms of improved revenue and bottom-line performance with local hands-on management; buyers should review the full package for transfer and operational details.
The hotel is located 25 miles north of Louisville off I-71. The surrounding demand drivers referenced in the materials include Churchill Downs, Kentucky Speedway, University of Louisville, and the Kentucky Horse Park, and it is described as being within the Kentucky Bourbon Trail.
The property’s value-add and operations are discussed in the offering materials in terms of improved revenue and bottom-line performance with local hands-on management; buyers should review the full package for transfer and operational details.
Key Highlights
- 99‑room Best Western Ashbury Inn
- Year built: 1986
- Major renovations completed in 2023 and 2024 to comply with Best Western design requirements
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
Demographics for 40031, KY
25,322
Population
8,507
Households
3
Avg Household Size
40
Median Age
34%
College-Educated
89%
High-School Grad
66.9 sq mi
ZIP Area
379
Density / Sq Mi
$96,682
Median Household Income
$47,046
Median Earnings
$1,120
Median Rent
$316,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Best Western Ashbury Inn offers 99 rooms and underwent major renovations in 2023–2024.
Where is this hotel located?
The property is located at 1005 New Moody Ln La Grange, KY.
What are key features of this property?
This property features: 99‑room Best Western Ashbury Inn; Year built: 1986; Major renovations completed in 2023 and 2024 to comply with Best Western design requirements
