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173 Carroll Rd Benton, KY 42025

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For Sale
$3,600,000

Well-maintained, recently renovated 55-room hotel near Kentucky Lake.

Building Details

Year built
1997

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Listing Contact
Chris Stuard
Source: Svnmartin

Listing Agent: Chris Stuard

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

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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 ideally located near the gateway to Kentucky Lake, Barkley Lake, and Land Between the Lakes. It is also located 15 minutes away from Grand Rivers, home to the Badgett Playhouse, and hosts annual events such as the Quilt Show and Arts & Crafts Festivals, and the Hunter’s Moon Festival. The property benefits from its close proximity to Murray State University, the Kentucky Opry Theater, Mike Miller County Park, and the Paducah / Metropolis metro area, home to Harrah’s Casino, the 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 plugs available for boats and trailers. Additional parking is available 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, and headboard and bed frame replacement. The property is an owner/operator property with 12 housekeeping staff and 6 front desk managers.
Location Intelligence

Current Use by Public Records

Quality Inn & Suites ... Hotel & Motel

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

Location Insight

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City
Benton
County
Marshall
State
Kentucky
Longitude
-88.34395
Latitude
36.929374

FAQs

What type of property is this?
Hotel - Well-maintained, recently renovated 55-room hotel near Kentucky Lake.
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 minimizing immediate capital expenditure.; - Prime location near Kentucky Lake and Land Between the Lakes, attracting tourists and outdoor enthusiasts.; - Diverse room options, including suites with kitchenettes and accessible rooms.
More about this property
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