506 W Spring St
New Albany, IN 47150

Fee simple interest in the lender-owned Holiday Inn Express New Albany, IN being offered through a traditional marketing process The 3-story, 76-room hotel was converted to a Holiday Inn Express in 2017 and is available at a substantial discount to replacement cost Offered unencumbered of management with ability to retain the Holiday Inn Express flag subject to PIP completion Ideally situated adjacent to I-64 at exit 123, a main thoroughfare with direct connection to Downtown Louisville and utilized by upwards of 71,000 vehicles daily Within minutes of Downtown New Albany, the New Albany Riverfront Amphitheater, Baptist Health Floyd Memorial Hospital, and the Indiana University Southeast campus Proximate to all Downtown Louisville leisure and convention destinations including the KFC Yum! Center, 4th Street Live!, Louisville Slugger Museum, Muhammad Ali Center, and the recently expanded Kentucky International Convention Center Readily accessible to all other core regional demand such as Churchill Downs, Kentucky Kingdom, the University of Louisville, and the Louisville International Airport The Greater Louisville/Jefferson County MSA is Kentucky’s most populated area and is projected to grow by up to 16% in the coming years