Renovated 18-Key
For Sale
$945,000
13857 Falls of Rough Rd, Falls of Rough, KY 40119
Updated lodging property with modern building systems, furnished guest rooms, and covered storage bays.
Property Size9,225 SF
Lot Size4.20 Acres
Price / SF$102.44
Days on Market39
Property Features for 13857 Falls of Rough Rd
General Information
Standard status
Active
Size
9,225 SF
Total Parking Spaces
23
Lot size
4.20 Acres
Property subtype
Hospitality
Zoning
Commercial
Financials
Asking Price
$945,000
Business Included
Yes
Amenities
Water
Natural Gas
23 Parking Spaces
Building Details
Year Built
1952
Year Renovated
2021
Listing Agency:
Evans Property Management, LLC
Listed By:
Chad Evans
(502) 240-7304
Source:
Kcrea.resimplifi
Added: Jul 27
Changed: Aug 30
Last Checked: Sep 2 at 1:56PM
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 Evans Property Management, LLC
Investment Insights
Based on property information with market context.
This 18-key motel occupies a 9,225-square-foot property originally built in 1952 and comprehensively renovated during 2020–21. Improvements include new flooring and finishes, tiled bathrooms, high-efficiency HVAC in each room, upgraded electrical, plumbing and septic systems, tankless water heaters, commercial laundry equipment, and designer-selected FF&E. The operation also includes a PMS, booking engine, website, brand assets, guest-review profiles, social media accounts, and operating supplies.
The property spans 4.2 acres near Rough River Lake and is located 1 mile from Rough River Dam State Resort Park. Fifteen covered storage bays provide an additional physical component, while Commercial zoning supports flexibility for the existing operation. The source information reports a 57.8% NOI in 2025 and a projected 63.4% NOI in 2026 on a pro forma, owner-operated basis. Louisville Metro is identified as a 1.5-hour drive market, with Owensboro MSA 45 minutes away.
The property spans 4.2 acres near Rough River Lake and is located 1 mile from Rough River Dam State Resort Park. Fifteen covered storage bays provide an additional physical component, while Commercial zoning supports flexibility for the existing operation. The source information reports a 57.8% NOI in 2025 and a projected 63.4% NOI in 2026 on a pro forma, owner-operated basis. Louisville Metro is identified as a 1.5-hour drive market, with Owensboro MSA 45 minutes away.
Key Highlights
- 18‑key motel on a 9,225‑square‑foot property
- Comprehensive renovation completed during 2020–21
- 4.2‑acre site with 15 covered storage bays
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40119, KY
2,100
Population
2,034
Households
1
Avg Household Size
49
Median Age
22%
College-Educated
92%
High-School Grad
107.4 sq mi
ZIP Area
20
Density / Sq Mi
$66,250
Median Household Income
$36,801
Median Earnings
$154,600
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- The Resort of Falls of Rough — 13689 Falls of Rough Rd, Falls of Rough, KY 40119
- St Clair Suites — 13857 Falls of Rough Rd, Falls of Rough, KY 40119
- Falls Of Rough Motel — 13689 Falls of Rough Rd, Falls of Rough, KY 40119
- St. Clair Motor Lodge — 13857 Falls of Rough Rd, Falls of Rough, KY 40119
Frequently Asked Questions
What type of property is this?
Motel - Updated lodging property with modern building systems, furnished guest rooms, and covered storage bays.
Where is this motel located?
The property is located at 13857 Falls of Rough Rd Falls of Rough, KY.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 18‑key motel on a 9,225‑square‑foot property; Comprehensive renovation completed during 2020–21; 4.2‑acre site with 15 covered storage bays
