Budgetel Inn and Suites | Louisville

3304 Bardstown Rd, Louisville, KY 40218

Property Information

  • For Sale $9,700,000
  • Property Type Other
  • Property Size 33,694 SF
  • Units 192
  • Lot Size 3.02 Acre
  • Building Class C
  • Year Built 1958
  • Date Updated Aug 12, 2026

Description

Discover a prime investment opportunity in the vibrant heart of Louisville, Kentucky. Located on Bardstown Road in the 40218 area, this diverse neighborhood offers a thriving commercial scene with a range of restaurants, boutique shops, and cultural attractions. Embrace the local charm as you explore nearby landmarks like the Louisville Zoo and the lush Seneca Park. With its proximity to the airport and major highways, this location is a strategic gateway for a Hospitality/Full Service investment, promising a steady influx of visitors. Embrace the potential of this dynamic area and unlock the possibilities for your next venture.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.

Highlights

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

Contacts

Location

Located at 3304 Bardstown Rd, Louisville, KY 40218, this property is part of the Bashford Manor neighborhood and Louisville market.

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