***投标人保证金只可通过电汇或现金支票支付。不接受信用卡付款。***看房及联系信息：只可通过于下列日期预约看房。请联系Brandt Niehaus安排看房。11月11日星期五和11月12日星期六。投资亮点：* 占地3.2+/-英亩，永久产权，位置明显，有通向75号州际公路的坡道。* 重新开发全部或部分，用于修建酒店，最大限度地利用合理的土地成本。* 虽然2016年平均客房收益得到增长，但今年迄今为止的平均客房收益仍低于市场增长的3.8%。根据STR公司的报告，迄今为止的平均客房收益比经济市场要低50%。投资概述：Knight’s Inn这间旅馆有100间客房，距离肯塔基州东南农业世博会场馆5.4英里，距离Laurel River湖和Levi Jackson Wilderness Road州立公园不到12英里。Cane Creek野生动物管理区和Barbourville水上公园也在20英里之内。Big South Fork National河流及休闲区在西南方向37英里处。一家普通的旅馆，房价包括无线上网和早餐，提供传统的房间以及带按摩浴缸的套房。此外还有一个季节性开放的室外游泳池，游乐场及洗衣设施。位于肯塔基州南部75号州际公路29号出口的西南方向，占地3.5+/-英亩，该地块给新的业主一个在经营Knights Inn旅馆的同时开发另一家酒店的机会，或者可以继续经营这家有100间客房的单层建筑。到2016年9月，最近12个月的客房收入升至$481,525美元。有效运营收入超过$143,000。
升级改造的预算至少需要$225,000美元，继而可以大幅提高入住率并使平均客房收益增加15%到30%。根据STR公司的报告Knights Inn的房价比经济市场低50%： Knights Inn的房价还有上升空间。整个肯塔基Corbin/London市场价格要高于这家Knights Inn旅馆2.75倍。收入接近$500,000美元，再做一些改造，应该能达到$635,000到$750,000美元。对一些房间进行装修就可能会有很大的不同。我们对于另一相似房产的经验是新的业主对两栋建筑全部进行了装修，房价提高了28%。此房产将于11月28日星期一到11月30日星期三进行拍卖。公开起拍价为$400,000。咨询详情并注册参加此房产的拍卖，请访问Ten-X.com。
Property Tour and Contact Detail Information: Property tours are available by appointment on the below dates/times. Please schedule with the listing broker, Brandt Niehaus at 502-254-7787 or by email at brandt@huffniehaus.com. Friday, February 17th from 3pm – 8pm Saturday, February 18th from 10am – 1pm Investment Highlights: * Sits on 3.2+/- acres, fee simple, with visibility to I-75 ramp * Opportunity to redevelop all or a portion of site with new hotel(s) to maximize reasonable land costs * Although RevPAR is growing in 2016 operating 3.8% behind the YTD RevPAR at market growth * YTD RevPAR is less than 50% of the economy class market on STR report Investment Overview: Featuring 100 guest rooms, this Knight’s Inn is 5.4 miles from The Arena at SE KY Agricultural and Expo Complex and within 12 miles of Laurel River Lake and Levi Jackson Wilderness Road State Park. Cane Creek Wildlife Management Area and Barbourville Water Park are also within 20 miles. Big South Fork National River and Recreation Area is 37 miles to the southwest. A modest hotel, with Wi-Fi and breakfast included, offers traditional rooms and Jacuzzi suites. A seasonal outdoor pool, playground, and laundry facilities are available. Situated on 3.2+/- acres in the southwest quadrant at Exit 29, I-75 in southern Kentucky, the land gives a new owner an opportunity to develop another hotel while operating a portion of the Knights Inn or can continue to operate this single story, 100 room property. Room revenue is up in 2016 reaching $487,942 on TTM through December, 2016. The efficient operation generates more than $123,000. With a minimal upgrade budget of $225,000, one could significantly improve occupancy and rate for a 15% - 30% increase in RevPAR. Considering the Knights Inn rates are 50% lower than the Market: Economy Class in the STR upside is great for this Knights Inn. The whole Corbin/London, Kentucky market is 2.75 times higher than this Knights Inn. With revenue nearly $500,000 with some property improvements, $635,000 to $750,000 could be attainable. A renovation to a good number of rooms could make a big difference. Our experience with another similar property was the new owner did a total renovation of two buildings and rates increased 28%. This property will be auctioned on Monday, February 27 - Wednesday, March 1 . The price displayed is the starting bid amount of $400,000. For information and to register to bid on this property, please visit Ten-X.com.
