Skip to main content

Hotel-Motel

Land for Development - Hotel or Commercial Use

115 Old Versailles Rd, Frankfort, KY 40601

Listing Price: $1,500,000

Lot Size
3.87 acres
Price/Acre
$387,597
Land Type
Land

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Land for Development - Hotel or Commercial Use, a shovel-ready 3.87± acre site in Frankfort, Kentucky.

The Land for Development - Hotel or Commercial Use 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 | Multiple Brands Available
  • 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

Hotel-Motel

Land for Development - Hotel or Commercial Use

Listing Price: $1,500,000

Lot Size
3.87 acres
Price/Acre
$387,597
Land Type
Land

Investment Highlights

  • Brand-New 4-Story WoodSpring Suites to Be Constructed | Multiple Brands Available
  • 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 the Land for Development - Hotel or Commercial Use, a shovel-ready 3.87± acre site in Frankfort, Kentucky. The Land for Development - Hotel or Commercial Use 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

MM Texture Background
MM Textured Background Lower