311 Jefferson St La Grange, KY 40031-1111
This exceptional investment opportunity presents a portfolio of two hospitality properties ideally situated in La Grange, Kentucky. The portfolio comprises two buildings located at 311 W Jefferson St and 312 W Main St, offering a combined total of [Number of Rooms - this information is missing from the provided data] rooms. The properties are conveniently located between West Main Street and West Jefferson Street, placing them within easy walking distance of the vibrant downtown La Grange area and the picturesque LaGrange Springs Park. This prime location provides excellent accessibility for guests and strong potential for attracting a diverse clientele. The asking price for this unique portfolio is $975,000, representing a compelling entry point into the Kentucky hospitality market. The properties are classified as both hotels and motels, catering to a broad range of travelers. Further due diligence is recommended to fully assess the operational details and financial performance of each individual property within the portfolio. This is a rare opportunity to acquire a well-positioned, dual-property hospitality investment in a desirable Kentucky location. The properties are ready for an owner-operator or an investor seeking a strong return on investment. Detailed financial information and operational data are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.