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Hotel-Motel

WoodSpring Suites Development

115 Old Versailles Rd, Frankfort, KY 40601

Listing Price: $1,500,000

Cap Rate
1.00%
Number of Rooms
122
RevPAR
$1
Gross SF
48,660
Price/Room
$12,295
Price/Gross SF
$30.83
Year Built
2025

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale a shovel-ready 3.87± acre site for a WoodSpring Suites Development, a four-story, interior corridor hotel in Frankfort, Kentucky. The property will feature 122 interior-corridor guest rooms, each including a full kitchenette and a sofa bed.

The WoodSpring Suites Development represents the opportunity to acquire a Choice-branded hotel development project in a stable market. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Frankfort region.

Investment Highlights

  • Brand-New 4-Story WoodSpring Suites to Be Constructed
  • Excellent Location at the Intersection of Interstate 64 and U.S. Route 60
  • 3 Miles from Kentucky State University
  • Located 5 Miles From the Kentucky State Capitol, Offering Convenient Access to This Historic Landmark

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Financing By

Hotel-Motel

WoodSpring Suites Development

Listing Price: $1,500,000

Cap Rate
1.00%
Number of Rooms
122
RevPAR
$1
Gross SF
48,660
Price/Room
$12,295
Price/Gross SF
$30.83
Year Built
2025

Investment Highlights

  • Brand-New 4-Story WoodSpring Suites to Be Constructed
  • Excellent Location at the Intersection of Interstate 64 and U.S. Route 60
  • 3 Miles from Kentucky State University
  • Located 5 Miles From the Kentucky State Capitol, Offering Convenient Access to This Historic Landmark

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale a shovel-ready 3.87± acre site for a WoodSpring Suites Development, a four-story, interior corridor hotel in Frankfort, Kentucky. The property will feature 122 interior-corridor guest rooms, each including a full kitchenette and a sofa bed. The WoodSpring Suites Development represents the opportunity to acquire a Choice-branded hotel development project in a stable market. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Frankfort region.

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

Financing By

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