Full Service Hotel- Downtown Louisville

101 W Muhammad Ali Blvd, Louisville, KY

$14,900,000

Price

36,000 sqft

Building Size

0.68 acres

Lot Area

Overview
Building Size
36,000 sqft
Lot Area
0.68 acres
Keys
91
Year Built
2021
Floors
6
Parking Spots
60
Description

IHG Property -Holiday Inn located in Downtown Louisville

Located in Downtown Louisville by hospital curve and close to the Kentucky Convention Center.

- Roof 6ft Insulation
- 5 handicap Rooms
- Connecting rooms for suites
- 80% of rooms with shower, 10% with Tub
- Lots of convention business once they pick back up, KY Convention center just completed $83mil renovation.
- Across the street from Jewish Hospital
- 50% black rate
- 4 different room types
1. Singe queen
2. Double queen
3. King
4. King Suite (4)
- No management Co. in place today but they would manage for 3-4% of revenue
- Overhead low due to compact floor plan
- 2 guest rooms elevators
- “Roof top” deck in process of being completed (~50 seats once complete)
- 4 public restrooms
- Energy efficient LED lighting throughout
- Meeting room with AV hookup
- 14’ ceilings in guest room common areas
- Tall ceilings, windows, and doors in guest room
- Housekeeping > 3 washers, 2 dryers
- Free parking today but could charge for an additional ~$100k/year
- Showings on Sunday afternoons are best due to guests and staff
- Smoke free
- Additional lobby seating outdoors
- Adding valet at some point
- Rotunda fit 8-10 cars
- 71 HVAC room units, other ~20 rooms with central HVAC


Location