$475,000 Price Analysis    ♡   Clay City, KY 40312 9 bed 9 bath unknown SqFt ($0/SqFt) 0.5 acre lot. Built 2002 Listed 2024-02-01, Taxes $1,811 | ✓ USDA Eligible near Clay City, KY |
Welcome to Clay City Inn - an unparalleled investment opportunity in the heart of Clay City.
* Has Contingent Offer *This strategically located property, directly off the Mountain Parkway, ensures accessibility for travelers. Boasting recent upgrades, including new heat units, Window World Windows and 50'' Roku Smart TVs in every room, this motel sets a new standard for comfort. Security is a priority with Yale Wireless locks, a Ring Alarm system and a pet-friendly, privacy-fenced back area. With proximity to the world-renowned Red River Gorge and the Daniel Boone National Forest, Clay City Inn offers a unique opportunity to shape the future of hospitality. There are 8 rentable rooms plus office space 2 rooms are fully renovated and the next 2 rooms are almost finished!
All the other rooms have had significant upgrades as well and seperate office is partially renovated. Other upgrades incl ude new decks, stairs and water heters. Make Clay City Inn your canvas for investment success, offering both convenience and adventure in one prime location. Property is offered AS-IS, but Inspections are welcome for your peace of mind.
Presented by Bob Sophiea at
eXp Realty, LLC.
Property MLS #24001752 from BLUEGRASS
Full Bathrooms: 9
Heating Features: Baseboard, Electric, Forced Air
Lot Size Square Feet: 21780
High School: Powell Co
Middle School: Powell Co
School District: Powell County -19
Map directions Map directions Map directionsCounty: Powell
Directions: Exit 16 off the Mt Parkway. Hotel is right off the exit.
Source Property Type: Multi-Housing
Area: 019 - Powell County
Source Neighborhood: Commercial
Subdivision: Commercial
Zoning: to be verified
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $202,000 | $1,811 |
| 2020 | $unknown + $unknown $200,000 | $1,436 |
| 2020 | $unknown + $unknown $200,000 | $1,436 |
| 2019 | $unknown + $unknown $200,000 | $1,318 |
| 2018 | $unknown + $unknown $200,000 | $1,317 |
| 2017 | $unknown + $unknown $200,000 | $1,265 |
| 2016 | $unknown + $unknown $200,000 | $1,269 |
$475,000
BLUEGRASS
Sold 2021-02-26
$202,000
BLUEGRASS
Relisted 2020-11-18
$210,000
BLUEGRASS
Listing removed 2020-10-04
$230,000
BLUEGRASS
Relisted 2020-09-03
$230,000
BLUEGRASS
Listing removed 2020-09-01
$235,000
BLUEGRASS
Listed 2020-07-21
$235,000
BLUEGRASS
Roof: Shingle
Levels or Stories: Two
Structure Type: Apartments
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.