This 58 guest room Kentucky Hotel for Sale is a Hampton Inn Hotel located in the city of Lebanon. This fee-simple hotel for sale provides excellent amenities for guests such as a meeting room, conference room, breakfast area, gym, and an indoor heated swimming pool. The select-service hotel is priced at 10 cap, and it is priced at less than 3X rooms. It was originally built in 2005; however, it was only renovated in 2010.
Jere Allen has been in the hospitality business for over 30 years. He began his career after graduating from Mississippi State University. He also has educational credit from Holiday Inn University, Best Western and Bass Hotels and Resorts. Since then Mr. Allen has been a part of every aspect of commercial real estate including development, management and ownership. He became a hotel broker in the early 1990s and quickly became the top salesman for Hotel and Motel Brokers of America in the South Central Region. He was the second highest producer in the Nation as an affiliate broker. Mr. Allen founded Sunbelt Hotel Brokers in 1995. Today, Sunbelt is licensed as a real estate broker in the states of Alabama, Mississippi, and Tennessee. In 1999 Hotel Business Green Book listed Sunbelt hotels Brokers in the top 20 Hotel Brokerage Firms in the Nation.