Budgetel Inn and Suites | Louisville

Investment Overview

Discover an enticing investment opportunity in the heart of Louisville, Kentucky. Presenting a spacious 33,694 SF building with 192 units, this inviting property offers an ideal canvas for a Hospitality/Economy investor looking to make their mark. Built in 1958 and zoned C2, this well-positioned property provides a versatile space to create a welcoming and convenient environment for guests. With its prime location in the Louisville area, this property promises seamless access to local attractions and amenities. Embrace the potential of this versatile property, strategically designed to cater to a wide range of hospitality and economy ventures.

Investment Highlights

• Attractive Basis with Strong Downside Protection: Acquisition of a 192-key hospitality asset at a
• significant discount to replacement cost, offering an attractive entry point with immediate operational
• cash flow.​
• Substantial 192-Key Scale: Large, institutional-friendly footprint that supports robust operational
• efficiencies, economies of scale, and administrative cost-sharing.​
• Unbeatable Interstate Access & Visibility: Prominently positioned along the heavily trafficked
• Bardstown Road (US-150) right at the I-264 (Watterson Expressway)​
• Resilient Demand for Value-Oriented Lodging: Serves a deep, proven local demand pool of budget-
• conscious travelers, extended-stay guests, and regional contract workforces in a submarket protected
• by limited new budget-tier development.​
• Proximity to Louisville’s Major Tourism & Transit Hubs: Located under 10 minutes from the Kentucky
• Exposition Center, Kentucky Kingdom, and Louisville International Airport (SDF), tapping directly into
• the city's highest-volume leisure and commercial demand generators.​