425 Flint Ridge RdHorse Cave, KY 42749

This 33,802 square foot, two-story Quality Inn & Suites in Horse Cave, Kentucky, is offered at $2,990,000. Built in 1964, this fee-simple property sits on 3.66 acres and boasts 77 keys, currently operating at 67.7% occupancy (as of September 30, 2024). The hotel features amenities including an outdoor pool, complimentary breakfast, and a business center. A closed restaurant building on-site presents an opportunity for additional revenue generation. The property enjoys a prime location off Interstate 65, benefiting from the significant tourism in the Mammoth Cave National Park area (over 2,000,000 annual visitors). Furthermore, the proximity to the under-construction $5.8 billion Ford BlueOvalSK Battery Park, projected to create thousands of jobs, presents substantial potential for increased occupancy and revenue. The property's Net Operating Income (NOI) is $326,864, resulting in a 10.90% cap rate and a price per key of $38,381. Minimal upgrades are needed. This presents a compelling investment opportunity for owner/users seeking to capitalize on the region's growth and tourism. The property's APN is 046-00-00-070.00.