Branded Interior-Corridor
For Sale
Contact for pricing
2090 RICHMOND ST, Mount Vernon, KY 40456
Interior-corridor Baymont features 50 guestrooms, an 800 SF breakfast/event room, and outdoor pool amenities for lodging demand.
Property Size26,000 SF
Lot Size2.50 Acres
Price / SF$88.27
Days on Market70
Property Features for 2090 RICHMOND ST
General Information
Standard status
Active
Size
26,000 SF
Lot size
2.50 Acres
Property subtype
Hospitality
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1996
Buildings
1
Stories
2
Listing Agency:
Huff, Niehaus & Associates, Inc.
Listed By:
Brandt Niehaus · License #181773
Source:
Crexi
Added: Jun 3
Changed: Aug 8
Last Checked: Aug 8 at 7:48AM
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 Huff, Niehaus & Associates, Inc.
Investment Insights
Based on property information with market context.
Baymont by Wyndham Mount Vernon Renfro Valley is a two-story, interior-corridor branded hotel offering 50 guestrooms, including 45 double queen rooms and 5 king Jacuzzi suites. The property includes an approximately 800 SF breakfast/event room, an elevator, guest laundry, and seasonal outdoor heated pool with sundeck. Parking is provided for cars, buses, and RVs, and the hotel also offers free Wi-Fi and EV charging stations.
The hotel is located at 2090 Richmond Street near the Renfro Valley Entertainment Center and is about 0.3 miles from I-75 at Exit 62, supporting visibility along Kentucky’s music and tourism corridor. The seller notes nearby demand drivers including the Kentucky Music Hall of Fame, Berea College, Eastern Kentucky University, Lake Linville, Cumberland Falls, and the Daniel Boone National Forest.
For buyers, the asset is offered in fee simple and described as unencumbered, with a franchise term extending through December 2036. The provided financial highlights include trailing 12-month room revenue exceeding $613,000 and NOI of approximately $230,000. The seller also cites potential future improvements through room upgrades, ADR growth, and enhanced digital marketing.
The hotel is located at 2090 Richmond Street near the Renfro Valley Entertainment Center and is about 0.3 miles from I-75 at Exit 62, supporting visibility along Kentucky’s music and tourism corridor. The seller notes nearby demand drivers including the Kentucky Music Hall of Fame, Berea College, Eastern Kentucky University, Lake Linville, Cumberland Falls, and the Daniel Boone National Forest.
For buyers, the asset is offered in fee simple and described as unencumbered, with a franchise term extending through December 2036. The provided financial highlights include trailing 12-month room revenue exceeding $613,000 and NOI of approximately $230,000. The seller also cites potential future improvements through room upgrades, ADR growth, and enhanced digital marketing.
Key Highlights
- 2‑story interior‑corridor Baymont by Wyndham hotel built in 1996
- 50 guestrooms: 45 double queen rooms and 5 king Jacuzzi suites
- Approximately 2.5 acres with an 800 SF breakfast/event room
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 40456, KY
8,949
Population
4,111
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
82%
High-School Grad
162.8 sq mi
ZIP Area
55
Density / Sq Mi
$46,879
Median Household Income
$40,494
Median Earnings
$678
Median Rent
$140,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Interior-corridor Baymont features 50 guestrooms, an 800 SF breakfast/event room, and outdoor pool amenities for lodging demand.
Where is this hotel located?
The property is located at 2090 RICHMOND ST Mount Vernon, KY.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 2‑story interior‑corridor Baymont by Wyndham hotel built in 1996; 50 guestrooms: 45 double queen rooms and 5 king Jacuzzi suites; Approximately 2.5 acres with an 800 SF breakfast/event room
