218 South Clay Street

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218 South Clay Street

Louisville, KY 40202
Asking Price
$2.10M
Asset Type
Hospitality
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Hospitality property located in downtown Louisville Kentucky
  • Asset available for purchase at 218 South Clay Street
  • Offered to the market with a price of 2100000
  • Positioned within an active metropolitan tourism and convention hub
  • Suitable for hospitality investors seeking central urban locations

What's Special

This hospitality asset sits at 218 South Clay Street in Louisville, Kentucky. Located within the heart of a major metropolitan hub, the property benefits from proximity to the city's robust convention district and established tourism infrastructure. Louisville maintains a diverse economy driven by healthcare, logistics, and spirits production, supporting consistent demand for transient lodging and overnight stays. The site provides proximity to major thoroughfares, facilitating easy navigation for travelers moving throughout the region. Investors may view this property as a strategic addition to a hospitality portfolio, suited for professional management or potential repositioning within the downtown submarket. The layout accommodates standard operational needs for an urban hospitality business in this active central corridor. With its positioning in a prominent Kentucky city, the asset serves as a functional piece of real estate for owners looking to capitalize on regional travel trends.

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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85

Location & Travel Times