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3060 Fieldstone Way
Lexington, KY 40513

Comfort Suites Lexington · Hospitality Property For Sale · 44,600 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.52 AC
Building Size 44,600 SF
No. Stories 4
Year Built 1998
Parking Ratio 1.79/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

About 3060 Fieldstone Way , Lexington, KY 40513

Property tours are available on the following dates by appointment. Please contact the listing broker to schedule a tour. April 3rd and 4th Investment Highlights: Fee-simple interest in the institutionally owned and third-party managed 72-room Comfort Suites Lexington offered at a fraction of replacement cost Property offered for sale through Ten-X in the April 25th auction Available unencumbered of debt and third-party management with the ability to retain the Comfort Suites brand Minimal change of ownership PIP expected with approximately $1.25MM (~$17k per key) of renovation completed in recent years Situated adjacent to the intersection of Route 68 and Route 4 with upwards of 50,000 vehicles passing the intersection daily Optimal location just southwest of downtown Lexington with easy accessibility to the University of Kentucky (the area's largest employer) Within walking distance of numerous full-service nationally recognized restaurants Proximate to all broader Lexington demand including KentuckyOne Health, Xerox, Lexmark, Baptist Health, and Blue Grass Airport Investment Overview: Paramount Lodging Advisors (PLA) and Ten-X are pleased to exclusively Please contact the listing broker to schedule a tour. April 3rd and 4th Investment Highlights: Fee-simple interest in the institutionally owned and third-party managed 72-room Comfort Suites Lexington offered at a fraction of replacement cost Property offered for sale through Ten-X in the April 25th auction Available unencumbered of debt and third-party management with the ability to retain the Comfort Suites brand Minimal change of ownership PIP expected with approximately $1.25MM (~$17k per key) of renovation completed in recent years Situated adjacent to the intersection of Route 68 and Route 4 with upwards of 50,000 vehicles passing the intersection daily Optimal location just southwest of downtown Lexington with easy accessibility to the University of Kentucky (the area's largest employer) Within walking distance of numerous full-service nationally recognized restaurants Proximate to all broader Lexington demand including KentuckyOne Health, Xerox, Lexmark, Baptist Health, and Blue Grass Airport Investment Overview: Paramount Lodging Advisors (PLA) and Ten-X are pleased to exclusively present the opportunity to acquire the fee-simple interest in the Co

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19981480
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,700,000

zoning

Zoning Code B-3
B-3
  • Listing ID: 11515917

  • Date on Market: 2/7/2018

  • Last Updated:

  • Address: 3060 Fieldstone Way, Lexington, KY 40513

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