425 Flint Ridge RdHorse Cave, KY 42749

Property Details for 425 Flint Ridge Rd

Year built

2000

Construction

FRAME

Lot size

3.66 AC

Property size (Sq ft)

35,064 SF

Property type

Other commercial real estate

APN

046-00-00-070.00

APU

46000007000

Description

This 33,802 square foot, two-story Quality Inn & Suites in Horse Cave, Kentucky, is offered at $2,990,000. Built in 1964, this fee-simple property sits on 3.66 acres and boasts 77 keys, currently operating at 67.7% occupancy (as of September 30, 2024). The hotel features amenities including an outdoor pool, complimentary breakfast, and a business center. A closed restaurant building on-site presents an opportunity for additional revenue generation. The property enjoys a prime location off Interstate 65, benefiting from the significant tourism in the Mammoth Cave National Park area (over 2,000,000 annual visitors). Furthermore, the proximity to the under-construction $5.8 billion Ford BlueOvalSK Battery Park, projected to create thousands of jobs, presents substantial potential for increased occupancy and revenue. The property's Net Operating Income (NOI) is $326,864, resulting in a 10.90% cap rate and a price per key of $38,381. Minimal upgrades are needed. This presents a compelling investment opportunity for owner/users seeking to capitalize on the region's growth and tourism. The property's APN is 046-00-00-070.00.

• Alternative Use

  Use

  Valuation

  Residential

  $6,933,368

  Hospitality

  $6,350,928

  Educational

  $5,283,898

  Medical

  $5,465,620

  Retail

  $8,219,397

Location Insight

City

Horse Cave

County

Hart

State

Kentucky

Latitude

37.2017

Longitude

-85.94

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].