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3050 Lakecrest Cir Lexington, KY 40513

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60-room hotel near Keeneland Airport in Lexington, Kentucky.

Source: Joseph Cuomo Agent Joseph Cuomo

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


Overview

Fairfield Inn & Suites Lexington

The subject property is a fee simple interest in the 60-room Fairfield Inn & Suites Lexington Keeneland Airport, located in Lexington, Kentucky. It is available for purchase in an auction event. The property is offered as part of a four-property Marriott Fairfield Inn & Suites portfolio, with all properties being sold individually. The property is offered unencumbered by management and debt at a discount to replacement cost. A buyer has the ability to obtain a new Marriott franchise agreement under the Fairfield Inn & Suites flag by completing the change of ownership PIP. There is strong operational upside in transitioning the asset out of institutional ownership and third-party management. The University of Kentucky features major event venues, including the 61,000-seat Kroger Field and the Central Bank Center, home to the 23,000-seat Rupp Arena, the 1,000-seat Lexington Opera House, and 100,000 square feet of convention facilities. Lexington is recognized as a hub for healthcare, equine industries, and corporate investment.
Insight Report Location Intelligence

Current Use by Public Records

Fairfield Inn & Suites ... Hotel

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.554502
Latitude
38.016933

FAQs

What type of property is this?
Hotel - 60-room hotel near Keeneland Airport in Lexington, Kentucky.
Where is this hotel located?
The property is located at 3050 Lakecrest Cir Lexington, KY.
What are key features of this property?
This property features: - Unencumbered by management and debt, offering immediate operational control.; - Significant discount to replacement cost, presenting a value-driven investment.; - Strong operational upside by transitioning from institutional ownership.
More about this property
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