Specialty Real Estate
7618 Old Highway 60 Sellersburg, IN 47172
Details & Description
Price: $2,800,000
    Recently updated and remodeled 93 room economy, 2 story exterior corridor hotel on 2.88+/- acres. 12 minutes from Louisville KY, located off I-65 interchange, in a fast growing residential/commercial area. Positive cash flow. No PIP required. Renovations included rooms and FF&E. Roof is less than 5 years old. Amenities include whirlpool tubs, executive suites, outdoor pool, guest laundry, breakfast area, meeting room, manager's suite, and 120 parking spaces
    Property ID:    312036
    Property URL: melqr.com/312036
    Generated:    04-27-24
    Property Highlights
    Listing Agents
    Stephanie Gilezan

    O: 502-640-3622
    commercial@gilezanteam.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.
    Indiana / Sellersburg / 47172 / 7618 Old Highway 60

    7618 Old Highway 60

    Sellersburg, IN 47172

    No Longer Listed
    7618 Old Highway 60 Sellersburg, IN 47172 | for Sale | Photo 1
    Price
    $ /mo
    Property Highlights
    93 rooms
    No PIP required
    Exterior corridor hotel
    2.88+/- acres located off I-65 interchange
    Description

    Recently updated and remodeled 93 room economy, 2 story exterior corridor hotel on 2.88+/- acres. 12 minutes from Louisville KY, located off I-65 interchange, in a fast growing residential/commercial area. Positive cash flow. No PIP required. Renovations included rooms and FF&E. Roof is less than 5 years old. Amenities include whirlpool tubs, executive suites, outdoor pool, guest laundry, breakfast area, meeting room, manager's suite, and 120 parking spaces

    Sellersburg Area Market Trends

    Listing Demographics for 7618 Old Highway 60 Sellersburg, IN 47172

    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 Population3,80226,49982,535
    Population Median Age374039
    Population by Age0-9 Yrs391 (10%)2988 (11%)9948 (12%)
    10-19 Yrs790 (20%)3820 (14%)10495 (12%)
    20-29 Yrs406 (10%)3049 (11%)10831 (13%)
    30-39 Yrs278 (7%)2681 (10%)10725 (12%)
    40-49 Yrs846 (22%)4036 (15%)11256 (13%)
    50-59 Yrs436 (11%)3636 (13%)10744 (13%)
    60-69 Yrs385 (10%)2994 (11%)9232 (11%)
    70+ Yrs270 (7%)3294 (12%)9305 (11%)
    Median HH Income$75,709$80,104$74,726
    Total Household Income< 24K112 (8%)939 (9%)3680 (11%)
    25-49K345 (25%)1958 (20%)6700 (20%)
    50-74K214 (15%)1674 (17%)5643 (17%)
    75-99K296 (21%)1579 (16%)5020 (15%)
    100-199K310 (22%)2742 (28%)8839 (27%)
    200K+82 (6%)895 (9%)2045 (6%)
    Highest Education LevelNo Diploma25216554941
    Diploma or GED730488317477
    Some College388376811899
    Assoc. Degree30020125688
    Bachelors Degree517375111168
    Higher Degree28921375765
    Total Housing Units1,56310,75734,964
    --Owner-Occupied1,0917,87423,624
    --Renter-Occupied2671,9138,302
    Owner-Occupied Values< 100K1557181893
    100-199K32424199001
    200-299K49326157364
    300-399K6013533288
    400-499K534511133
    500K+5320945
    Total Working Age Population3,10121,41966,419
    In Work Force2,07313,88344,806
    Not In Work Force1,0287,53621,613
    Workforce Employed1,96213,36443,094
    Workforce Unemployed1115151,661
    Civlian Workforce2,07313,87944,754
    Military Workforce0452
    Total Households1,3579,78731,926
    Family Households1,0266,81821,207
    Non-Family Households3322,96910,719
    Married Couple6685,42115,978
    Other Family3581,3965,229
    Married w/Child3192,0636,122
    Single Male w/Child1893791,097
    Single Female w/Child654681,824

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Indiana6,080,485+76,483,802+56,785,528+37,014,880
    Clark County96,472+14110,232+10121,093+7129,070
    Floyd County70,823+574,578+880,484+181,345

    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 asking price for 7618 Old Highway 60 in Sellersburg?
    The asking price for 7618 Old Highway 60 is $2,800,000
    What is the building size of this Specialty property in Sellersburg, IN?
    The size of the building/unit at 7618 Old Highway 60 in Sellersburg is 35,904 square feet
    How much land does the Sellersburg, IN property at 7618 Old Highway 60 include?
    7618 Old Highway 60 in Sellersburg includes 2.880 acres of land
    What kind of Specialty is the propery at 7618 Old Highway 60?
    The property at 7618 Old Highway 60 Sellersburg, IN 47172 is listed as a Hotel/Motel/Resort Specialty property
    What is the population within 1 mile of 7618 Old Highway 60 in Sellersburg?
    The population within 1 mile of 7618 Old Highway 60 Sellersburg, IN 47172 is 3,802 people.
    Who do I contact for questions about 7618 Old Highway 60?
    You should contact the listing agent, Stephanie Gilezan, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Louisville Muhammad Ali International Airport (SDF) 14
    Blue Grass Airport (LEX) 67
    Cincinnati Northern Kentucky International Airport (CVG) 75
    --
    No Longer Listed
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