Airport Redevelopment - Former Hotel & Conference Center

2709 Fern Valley Louisville, KY 40213

2709 Fern Valley, Louisville, KY, 40213
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FOR SALE
Property Type:
Hotel
Amount:
Please Call Broker for Price

Last Verified:
May 14, 2024

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Highlights


Description

High demand location off I-65 across from the Louisville International Airport and UPS Hub. 91,249+/- SF hotel and conference space on 3.52+/- acres, built in 1974, zoned C2. Hotel is 65,826+/- SF, 6 stories and 155 keys. Conference center is 25,423+/- SF and is 1 story.

This site is approved for a Marriott Delta hotel. Seller has provided all drawings, blueprints, and specs to begin development. Marriott franchise agreement can be assumed or canceled.

Redevelopment/conversion opportunity - multi-family, transitional housing, healthcare, hospital, etc. Property sold “As Is”.

2709 Fern Valley Rd and 6122 Airport Hotels Blvd, Louisville, KY 40213

Subject to CREXI auction rules.
- Non-Contingent
- Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
- Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
- $10,000 Participation Deposit
- For registration requirements and regulations, please review here or contact Hannah Ladenheim | 936-274-1332 | hladenheim@crexi.com.

Off I-65 across from the Louisville International Airport and UPS Hub.


Year Built: 1974
Building Size: 91249sq ft
Lot Size: 3.52 acres

Map of 2709 Fern Valley, Louisville, KY, 40213

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because: