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173 Carroll Rd Benton, KY 42025

For Sale
$3,600,000

55-room hotel near Kentucky and Barkley Lakes.

Property size:
29,040 SF

Property Features for 173 Carroll Rd

General Information

Size
29,040 SF

Building Details

Year built
1997

Source: Steve Martin, CCIM, CPM Agent Steve Martin, CCIM, CPM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Quality Inn Near Kentucky Lake

The Quality Inn – Benton - Draffenville, Kentucky, features 55 rooms and caters to travelers, theater patrons, outdoor enthusiasts, fisherman, college athletics fans, youth sports participants, and tourists visiting the Western Kentucky Lakes region. The property has undergone an extensive property improvement program, including replacing common space carpets, painting hallways, replacing bedframes, furniture and headboards, upgrading room lighting, removing wallpaper, and painting rooms. Upgrades also include the replacement of the pool dehumidifier and filtration system. The hotel has a steady staff and strong referral connections with local entertainment venues and local houses of worship. The property is near the gateway to Kentucky Lake, Barkley Lake, and Land Between the Lakes. The area hosts the annual Bluegrass, Brew, & BBQ festival and is home to the 320-seat Badgett Playhouse. The property also benefits from its close proximity to Murray State University, the 530-seat Kentucky Opry Theater, Mike Miller County Park, and the Paducah / Metropolis metro area, which is home to Harrah’s Casino, the 1800-seat Carson Center, the Clemens Fine Arts Center, the Market House Theatre, and the Paducah Improv. The 55 rooms include four 1-bedroom suites with kitchenette and jet tub, five King Bed Suites, two Queen Bed Suites, three Accessible Suites (2 King, 1 Queen), twenty-one Standard King Rooms, nineteen Standard Queen Rooms, and one Small Queen Room. The property also features a 24-seat breakfast area, an indoor pool with an outdoor patio, a meeting room / small conference center, and a 61-space parking lot with 120V electric plug available for boats and trailers, with additional parking for tractor trailers and larger RVs. The property has a nearly completed PIP (95%) that included lobby and hallway carpets, hallway painting, case good replacements, headboard and bed frame replacement. The property is an owner/operator property with 12 housekeeping staff and 6 front desk managers. The property size is 29,040 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quality Inn & Suites ... Hotel

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Benton
County
Marshall
State
Kentucky
Longitude
-88.34395
Latitude
36.929374

FAQs

What type of property is this?
Hotel - 55-room hotel near Kentucky and Barkley Lakes.
Where is this hotel located?
The property is located at 173 Carroll Rd Benton, KY.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: - Recently renovated property with extensive upgrades.; - Ideally located near Kentucky Lake, Barkley Lake, and Land Between the Lakes, attracting over seventeen million annual visitors.; - Diverse room options: 55 rooms including suites with kitchenettes and jet tubs.
More about this property
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