Specialty Real Estate
407 Cherry Blossom Way Georgetown, KY 40324
Details & Description
Call for Pricing
    The brand new Sleep Inn - Mainstay is a dual brand offering with a proposed opening of June 2021. This asset will be a four story hotel with 71 guest rooms and premium finishes inclusive of a meeting room, exercise room, business center, food pantry, pool, guest laundry, and outdoor seating area with grills.This new development hotel is apt to benefit from the rapid growth of Georgetown, KY (Scott County being Kentucky's fastest growing county and part of Lexington KY MSA of 517,056)HighlightsBrand New Turn Key Dual Brand Sleep Inn - MainstayROOMS - Sleep Inn - 42 | Mainstay (Extended Stay) - 29Proposed Opening June 2021Located in Scott County, KY (Kentucky's Fast Growing County)
    Listing Agents
    Natvar Nana

    O: 407-876-5549
    M: 407-353-1800
    nanan@svn.com
    Bryan Morelock
    SVN Alliance
    O: 850434750012
    bmorelock@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    407 Cherry Blossom Way

    Georgetown, KY 40324

    Listing ID: 206022
    407 Cherry Blossom Way Georgetown, KY 40324 | for Sale | Photo 1
    Building Size: 42,342 SF
    Lot Size: 1.695 AC
    Land Size: 73,834 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    The brand new Sleep Inn - Mainstay is a dual brand offering with a proposed opening of June 2021. This asset will be a four story hotel with 71 guest rooms and premium finishes inclusive of a meeting room, exercise room, business center, food pantry, pool, guest laundry, and outdoor seating area with grills.

    This new development hotel is apt to benefit from the rapid growth of Georgetown, KY (Scott County being Kentucky's fastest growing county and part of Lexington KY MSA of 517,056)

    Highlights

    Brand New Turn Key Dual Brand Sleep Inn - Mainstay

    ROOMS - Sleep Inn - 42 | Mainstay (Extended Stay) - 29

    Proposed Opening June 2021

    Located in Scott County, KY (Kentucky's Fast Growing County)

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Lexington History of Specialty Real Estate for Sale

    Georgetown Area Market Trends

    Listing Demographics for 407 Cherry Blossom Way Georgetown, KY 40324

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population9727,00525,106
    Population Median Age343536
    Population by Age0-9 Yrs152 (15%)996 (14%)3532 (14%)
    10-19 Yrs125 (12%)931 (13%)3316 (13%)
    20-29 Yrs143 (14%)923 (13%)3525 (14%)
    30-39 Yrs201 (20%)1256 (17%)4038 (16%)
    40-49 Yrs129 (13%)1010 (14%)3269 (13%)
    50-59 Yrs108 (11%)928 (13%)3527 (14%)
    60-69 Yrs71 (7%)666 (9%)2298 (9%)
    70+ Yrs44 (4%)295 (4%)1600 (6%)
    Median HH Income$81,038$85,672$72,033
    Total Household Income< 24K39 (11%)270 (10%)1441 (14%)
    25-49K60 (17%)374 (14%)1790 (18%)
    50-74K61 (17%)459 (18%)1824 (18%)
    75-99K52 (14%)363 (14%)1458 (15%)
    100-199K127 (36%)930 (36%)2629 (27%)
    200K+7 (2%)120 (4%)528 (5%)
    Highest Education LevelNo Diploma312391127
    Diploma or GED16013145087
    Some College17712794178
    Assoc. Degree835171626
    Bachelors Degree1238532804
    Higher Degree434091697
    Total Housing Units3882,74710,343
    --Owner-Occupied2321,8196,320
    --Renter-Occupied1156993,349
    Owner-Occupied Values< 100K6107589
    100-199K816802818
    200-299K1046631765
    300-399K33245679
    400-499K779275
    500K+145195
    Total Working Age Population7345,36119,587
    In Work Force5474,01814,077
    Not In Work Force1871,3435,511
    Workforce Employed5333,90213,564
    Workforce Unemployed14113483
    Civlian Workforce5474,01514,048
    Military Workforce0329
    Total Households3472,5189,669
    Family Households2671,9766,842
    Non-Family Households805422,827
    Married Couple1791,5025,208
    Other Family884741,635
    Married w/Child967082,317
    Single Male w/Child438192
    Single Female w/Child53272736

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Kentucky4,041,769+74,339,367+44,533,464+44,726,382
    Fayette County260,512+14295,803+13333,580+13375,637
    Harrison County17,983+518,846-118,751-218,464
    Owen County10,547+310,841-310,464-69,837
    Scott County33,061+4347,173+2659,589+2976,607

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this Specialty property in Georgetown, KY?
    The size of the building/unit at 407 Cherry Blossom Way in Georgetown is 42,342 square feet
    How much land does the Georgetown, KY property at 407 Cherry Blossom Way include?
    407 Cherry Blossom Way in Georgetown includes 1.695 acres of land
    What kind of Specialty is the propery at 407 Cherry Blossom Way?
    The property at 407 Cherry Blossom Way Georgetown, KY 40324 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 407 Cherry Blossom Way in Georgetown?
    The population within 1 mile of 407 Cherry Blossom Way Georgetown, KY 40324 is 972 people.
    Who do I contact for questions about 407 Cherry Blossom Way?
    You should contact the listing agent, Natvar Nana, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Blue Grass Airport (LEX) 17
    Cincinnati Northern Kentucky International Airport (CVG) 54
    Louisville Muhammad Ali International Airport (SDF) 65