Mt Vernon, KY Motel Auction

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Description

Mt Vernon, KY Motel Auction

July 18th at 10:00am ET

1798 South Wilderness Road – Mt Vernon, KY 40456

Live auction with online bidding

 

Excellent investment opportunity just off I-75. Excellent income producing opportunity. Documents available. 46 unit motel located just off I75 in Mt Vernon and situated on 1.4 of an acre. The motel consists of 45 rooms available for guests: 33 rooms with King size 1 bed, 12 rooms with 2 queen size beds, 1 housekeeper room with kitchen apart from the 45 rooms, Front units were renovated in 2018 and some back units per Seller. Owner lives on site presently in attached owner's quarters that consists of 3 bedrooms and 2 bathrooms. KU electric, blacktop paved parking lot, storage building on site, all operating motel equipment stays and individual heat/air in each unit. Security cameras on the property. Priced to sell. Per previous title entrance is an easement (30ft)

Auctioneer

High Point Realty & Auction

226 North 2nd Street
Richmond, KY 40475

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Phone Number
859-200-2084
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