Overview
HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee simple interest in the 44-room Red Roof Inn & Suites Corbin, situated at 1888 Cumberland Falls Hwy, Corbin, KY 40701 (“Hotel” or “Property”).
The Red Roof Inn & Suites Corbin offers a compelling investment opportunity in a supply-constrained market supported by a diverse base of demand drivers. Positioned directly off Interstate 75 roughly midway between Lexington and Knoxville, the Property benefits from strong regional connectivity and convenient access to the area’s largest employers, its regional medical center, and southeastern Kentucky’s primary tourism destinations.
The Property is supported by a broad mix of commercial demand, including the manufacturing and distribution tenancy at the Southern Kentucky Business Park and the utility, highway, and telecommunications crews that work the I-75 corridor. Corbin also draws consistent weekday and vendor-related travel as the commercial center of the surrounding counties.
Healthcare is a primary driver in the area, anchored by Baptist Health Corbin, a specialized regional hospital located approximately half a mile from the Property and the largest employer in the immediate market. The hospital serves as the acute-care provider for a catchment area spanning several rural counties, generating steady demand from patient families, traveling clinical staff, and medical vendors.
The Property also benefits from proximity to the University of the Cumberlands in Williamsburg and Eastern Kentucky University’s Corbin campus, which support demand through academic events, athletics, and campus-related travel. Leisure demand is anchored by Cumberland Falls State Resort Park, referred to as the “Niagara of the South.” The area also includes the Laurel River Lake, the Daniel Boone National Forest, and the original Sanders Café, the birthplace of Kentucky Fried Chicken, each of which draws visitors to the market year-round.
Investment Highlights
Efficient Operating Model
As a limited-service property, the Hotel offers streamlined operations and lower labor requirements relative to full-service assets, enhancing margin stability and operational flexibility. The Hotel has consistently generated +22% NOI flowthroughs.
Premier Interstate Location
The Hotel enjoys a highly visible location directly off Interstate 75, offering convenient access for travelers while remaining just minutes from Baptist Health Corbin, The Corbin Arena, and the Cumberland Falls Highway retail corridor. Lodging demand benefits heavily from roadway travelers as well as local and regional industries, allowing this property to not depend on local clientele or weekly rentals.
Established Brand Affiliation with Minimal PIP Requirements
The Hotel operates under a Red Roof Inn & Suites license, providing national reservation distribution and repeat business through the RediRewards loyalty program. The seller has fully completed the ownership PIP and exceeded brand standards in several respects, minimizing any anticipated change-of-ownership PIP for a new owner.
Strong Market Position
Per STR, the Hotel ranked highly among hotels in its competitive set on occupancy, ADR, and RevPAR over multiple 12-month periods, with over 125% RevPAR penetration.
Offered Unencumbered by Management
The Hotel is being offered unencumbered by a management agreement. An investor possesses the opportunity to act as an owner/operator and implement a reworked operational and yield management strategy.
Fee Simple Interest
The Property will be offered as fee simple.
Photo Gallery
