Listing Agents
Lora Simpson
T | 515.729.4516
lsimpson@paramountlodging.com
Eric Skipworth
T | 312.248.4109
eskipworth@paramountlodging.com
Adam Montufar
T | 515.446.4181
amontufar@paramountlodging.com
Detailed Information
Location
Property Highlights
- Fee simple interest in the 60-room, concrete constructed Pear Tree Inn Paducah, KY available at a substantial discount to replacement cost
- Offered unencumbered of corporate brand management and the Pear Tree Inn by Drury flag with several attractive conversion options available
- Potential conversion options exist within the Hilton, Sonesta Hotels & Resorts, G6 Hospitality, Best Western, and Red Roof Inn brand portfolios
- Conveniently located adjacent to the intersection of Highway 60 & I-24 with upwards of 62,000 vehicles passing daily
- Within walking distance of the 1.3MM SF Kentucky Oaks Mall and several nationally franchised full-service restaurants and retail destinations
- Proximate to all local demand including Ingram Barge, Baptist Health, Lourdes Hospital, Murray State University, Pilgrim’s Pride, and the Paducah River Discovery Museum
- Optimal time to invest in Paducah with more than $65MM in upcoming projects including a new Barkley Regional Airport terminal, City Block downtown project, and Greenway Sports Complex