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5531 Athens Boonesboro Rd

5531 Athens Boonesboro Rd, Lexington, KY 40509

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Overview

We are pleased to present the hospitality asset located at 5531 Athens Boonesboro Rd, Lexington, KY 40509 — a nationally affiliated hotel opportunity positioned in one of Lexington’s strongest commercial corridors. This interior corridor property offers 59 guest rooms and was originally constructed in 1995, with a comprehensive Property Improvement Plan (PIP) completed in 2021 to align with current brand standards and modern guest expectations.

The hotel features updated guest rooms and refreshed common areas, along with amenities designed to attract both business and leisure travelers, including a fitness center, complimentary breakfast area, and indoor pool. The recent capital improvements and efficient layout create a strong operational foundation with limited near-term capital expenditure requirements.

Strategically located directly off I-75, the property benefits from excellent visibility and accessibility. It is situated near Lexington’s new professional soccer stadium and less than seven miles from Downtown Lexington, placing it within close proximity to major demand drivers such as the University of Kentucky, leading medical facilities, equine industry operations, retail centers, and regional tourism attractions.

The property sits on approximately 1.9 acres and is zoned B-5, allowing continued hospitality use with flexibility for future operational enhancements or repositioning. As part of a nationally recognized hotel family, the asset benefits from brand recognition, an established reservation system, and a loyal customer base that supports occupancy and revenue performance.

In addition to its stabilized performance, this offering represents one of the most compelling value-add hospitality opportunities currently available in the market, with an anticipated opportunity for future brand conversion that may allow for strategic repositioning and enhanced revenue potential. This flexibility creates meaningful upside for investors seeking both immediate cash flow and long-term asset appreciation.

Detailed financial information, including ADR, RevPAR, occupancy history, and operating expenses, is available upon execution of a Confidentiality Agreement.

All visits must be scheduled and confirmed through the listing broker to respect ownership and confidentiality.

Highlights:

  • 59-key interior corridor hotel
  • Built in 1995 with full PIP completed in 2021
  • Located directly off I-75 in Lexington, KY
  • Near Lexington’s new professional soccer stadium
  • Situated on approximately 1.9 acres
  • Zoned B-5 (commercial)
  • Fitness center, complimentary breakfast area, and indoor pool
  • National brand affiliation with reservation support
  • Financials available with a signed Confidentiality Agreement

All visits must be scheduled and confirmed through the listing broker to respect ownership and confidentiality.

For Sale

Hospitality

Secondary Uses: Hotel

Sale Price
$2,900,000
Price Per SF
$79.83/SF
Building Size
36,327 SF
Acres
2.0005 ac
Zoning
B-5P
Building Name
Comfort Inn
Year Built
1995
Property Use Type
Business
Property Status
Existing
Name of Establishment
Comfort Inn
Franchise Parent Name
Choice Hotel
County
Fayette
Listed
03/03/2026
Updated
03/12/2026
Listing ID
9f3ad2f7
Parcel APN
38239360