Avison Young Lists Holiday Inn Downtown Louisville - Louisville, KY
Potential Assumable Debt and Owner Financing
Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the Holidays Inn Downtown Louisville (hereinafter "Property," or "Hotel"), a select-service hotel located in Louisville, Kentucky. The Property is located at the corner of 1st Street and W. Muhammad Ali Blvd, situated in the heart of Downtown and the commercial business district. The hotel benefits from its proximity to a myriad of local demand generators, including Kentucky International Convention Center, three of Kentucky’s largest hospitals with about 1500 hospital beds in total, KFC YUM! Center, Fourth Street Live! Entertainment District, and Lynn Family Soccer Stadium. Louisville is home to some of the larger employers in the region, including Humana, Ford Motor Company's Kentucky Truck plant and Louisville's Assembly plant, UPS, University of Louisville, GE Appliances, Norton Healthcare, and Papa John's International. The site also features numerous casual and fine dining restaurants within walking distance, which include Eddie Merlot's, Hard Rock Cafe, Guy Fieri's Smokehouse Restaurant, Brazerios Authentic Brazilian Steakhouse, Gordon Biersch, Smash Burger, and Brendon's Catch. Additionally, the hotel is less than a ten-minute drive from Louisville Muhammad Ali International Airport.
The Property is a six-story, interior corridor hotel which is anticipated to open third quarter 2020. The Hotel will feature a Rooftop Bar & Terrace, Lobby Bar, on-site guest self-laundry facilities, a fitness center, and an on-site business center with a printer. Additional amenities include hotel-wide Wi-Fi internet access, an ATM cash machine, and an ice machine. The Property offers 91 non-smoking guestrooms with both king and queen beds. Guestrooms include Wi-Fi, a 55" flat-screen TV, coffee and tea makers, a mini-refrigerator, and a microwave.
• 91 Non-smoking guestrooms
• Six Story, Interior Corridor
• IHG Family of Brands
• Near Local Area Businesses, Humana, Ford Motor Company, UPS, University of Louisville, GE Appliances, Norton Healthcare
For more information on this listing, contact Chris Stark: 503-621-8530 | [email protected]published: 10-07-2020