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Renovated 99-Room Hotel

1005 New Moody Ln La Grange, KY 40031

1005 New Moody Ln, La Grange, KY, 40031
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For Sale
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Pending

Best Western Ashbury Inn offers 99 rooms and underwent major renovations in 2023–2024.

Days on Market257

Property Features for 1005 New Moody Ln

General Information

Standard status
Pending
Property subtype
Hospitality

Building Details

Year Built
1986
Listing agency Charles Hart Hospitality
Listed by Andrew Bankhurst · License #OH SAL.2015005693
Source Crexi
Added: Nov 7, 2025 Updated: Jul 22 at 7:59AM Checked: Jul 22 at 7:59AM

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.

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

Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Building Supply Real Estate Agency Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Kitchen & Bath Showroom Storage Facility Home Appliance Store Plumbing Service HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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