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Hotel-Motel

Tulip Trail Cabins

1561 Hwy 55 S Rd, Columbia, KY 42728

Listing Price: $725,000

Cap Rate
15.92%
Number of Rooms
11
RevPAR
$425
Gross SF
11
Price/Room
$65,909
Price/Gross SF
$65,909.09
Year Built
2012

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Columbia, KY. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents.

Investment Highlights

  • 7 Cabins, 3 tiny homes, and 1 house
  • $238,747 spent in improvements in the past 36 months
  • City water and septic

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KY: 242197

    Kentucky

Financing By

Hotel-Motel

Tulip Trail Cabins

Listing Price: $725,000

Cap Rate
15.92%
Number of Rooms
11
RevPAR
$425
Gross SF
11
Price/Room
$65,909
Price/Gross SF
$65,909.09
Year Built
2012

Investment Highlights

  • 7 Cabins, 3 tiny homes, and 1 house
  • $238,747 spent in improvements in the past 36 months
  • City water and septic

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Columbia, KY. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KY: 242197

    Kentucky

Financing By

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