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Property profile & analytics
OFF-MARKET
Motels

2011 Everly Brothers Blvd Powderly, KY 42367-5401

28,024 SF 2.5 ac lot Built 1999
Entity Owned 10-yr Hold Free & Clear
Property ID
US34-1965631
Property summary
AI-generated overview

This 44-key motel, the CCI Express Inn, located at 2011 W Everly Brothers Blvd, Powderly, KY 42367, is offered at $1,399,000. Currently operating as a motel, this property presents a unique opportunity for adaptive reuse. Its prime location in Muhlenberg County, Kentucky, near medical offices and a hospital, makes it ideally suited for conversion into a retirement community. The increasing demand for senior living facilities in this area presents a strong investment opportunity with consistent revenue potential. The aging population and the inherent stability of the senior care industry contribute to the long-term viability of such a project. This property offers a solid foundation for developing a modern, welcoming retirement community, catering to the growing need for senior care and assistance. The existing structure provides a cost-effective starting point for redevelopment, minimizing initial investment costs. The strategic location ensures convenient access to essential healthcare services, enhancing the appeal to potential residents. This represents a chance to capitalize on the expanding retirement community sector and establish a valuable asset within a growing market. The property's 44 keys provide ample space for conversion into a substantial senior living facility. This is a compelling investment opportunity with significant upside potential.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1999
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 28,024 SF
Lot 2.5 ac (108,900 SF)
APN 126-01-04-013.002
UPID US34-1965631
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CCI Express Inn Hotel & Motel
  • Muhlenberg County Fair Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Navya LLC · 10 yrs held
Navya LLC
since 2016
3 recorded transactions
2017
Price N/A
2016
$70,000
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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