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1798 S Wilderness Rd
Mount Vernon, KY 40456

3Y MOTEL Mt. Vernon KY I-75 · Hospitality Property For Sale · 21,157 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 1.91 AC
Building Size 21,157 SF
No. Stories 2
Year Built/Renovated 1975/2018
Parking Ratio 2.3/1,000 SF
Corridor Exterior

Amenities

  • Patio
  • Public Access Wifi

About 1798 S Wilderness Rd , Mount Vernon, KY 40456

Priced to sell! Owner financing available! This 46-room hotel has been updated and is ready for an operator. Flexible square footage allows for a number of possible uses, including extended stay, apartments, group housing, senior housing, Airbnb and more. All fixtures and furnishings are included. On-site 3/2 manager's apartment included. Located off exit 59 on I-75 in Mt. Vernon, it is close to Richmond, Berea, London, and Somerset. One exit away from Renfro Valley. An easy drive to Lexington and Knoxville! I-75 has recently been widened with many improvements to accessibility. Previous owner/operator retired, so facility has been closed for renovation since February 2018. No financials are available from prior owner. Property taxes are approximately $1,500/year.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
046E-00-041.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$300,000

zoning

Zoning Code R-1
R-1
  • Listing ID: 13649667

  • Date on Market: 8/31/2018

  • Last Updated:

  • Address: 1798 S Wilderness Rd, Mount Vernon, KY 40456

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