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    Mount Vernon, KY
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    Mount Vernon, KY Motels for Sale

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    46-Unit Motel with Owner’s Quarters
    Updated: Jun 18
    46-Unit Motel with Owner’s Quarters

    Mount Vernon, KY 40456

    $400,000
    19,968 sqft 1.40 AC lot
    46‑unit motel with 45 guest rooms and attached owner’s quarters
    Room mix includes 33 king rooms and 12 rooms with 2 queen beds
    Owner’s quarters include 3 bedrooms and 2 bathrooms
    19,968 square feet on 1.4 acres near I‑75
    Front units renovated in 2018; some back units also renovated
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Mount Vernon, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Furnished 8-Room Motel
    Furnished 8-Room Motel

    786 Ray Mann Road, Jamestown, KY 42629

    $535,000
    4,920 sqft 3.10 AC lot

    Lake-area lodging property with boat access, furnished rooms, keypad entry, and parking designed for trailers.

    View details
    Turnkey Motel with Managers Suite
    Turnkey Motel with Managers Suite

    1075 Richmond Road, Irvine, KY 40336

    $1,050,000
    16,050 sqft 0.94 AC lot

    Updated 26-room motel with a private managers suite, offered for sale in Irvine, Kentucky.

    View details
    Furnished Motel Near Boat Ramp
    Furnished Motel Near Boat Ramp

    786 Ray Mann Rd, Jamestown, KY 42629

    $535,000
    4,920 sqft

    Eight guest rooms offer furnished lodging with boat plug-ins and keypad access near the Cumberland River.

    View details
    Updated 26-Room Motel
    Updated 26-Room Motel

    1075 Richmond Rd, Irvine, KY 40336

    $1,050,000
    16,050 sqft

    Includes a private manager’s suite near Lily Mountain Nature Preserve and the Kentucky River.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Interstate Exit
    Commercial Land Near Interstate Exit

    2690 N 1223 Highway, Corbin, KY 40701

    $650,000
    12.84 AC lot

    12.84 acres of commercial land near I-75.

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    Off-Market Properties in Mount Vernon, KY

    Consider similar Off-Market properties in Mount Vernon, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1798 Wilderness Rd
    MOTEL

    1798 Wilderness Rd, Mount Vernon, KY 40456-7627

    $415,000
    Estimated value
    1.40 AC lot
    View details
    455 Richmond St
    MOTEL

    455 Richmond St, Mount Vernon, KY 40456-2714

    $80,000
    Estimated value
    View details
    475 Richmond St
    MOTEL

    475 Richmond St, Mount Vernon, KY 40456-2714

    Value Estimation by Request
    936 sqft
    View details
    1375 Richmond St
    MOTEL

    1375 Richmond St, Mount Vernon, KY 40456-2320

    $485,000
    Estimated value
    3.00 AC lot
    View details
    55 Clark St
    MOTEL

    55 Clark St, Mount Vernon, KY 40456-2986

    Value Estimation by Request
    View details

    Mount Vernon, KY Motels Market Trends and Statistics

    Explore 6 motels for sale in Mount Vernon, KY on our real estate platform. These investment opportunities span a total of 19,968 square feet of properties for sale, with an estimated market value of $400,000.

    Sale prices for motels in Mount Vernon, KY average $400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1
    Motels 1

    Demographics Overview

    Population 8,324
    Population Growth (5Y) -15.5%
    Median Household Income $46,879
    College Educated 28.0%

    High-Yield Neighborhoods for Investment

    Identify Mount Vernon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40456 $400K

    Taxes & Financing

    Tax Rate (average for all types) 0.83%
    Property Tax per SF $4.56 per SF
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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