Quality Inn Ashland, KY

Investment Overview • Recently renovated, 54-room exterior corridor property

• Hotel is unencumbered by management

• Located near year-round attractions and businesses

• Excellent opportunity for focused owner-operator to drive top-line revenues and improve operating efficiency for increased cash flow

• CAP Rate of 10.75%

Property Information

Location: 4708 Winchester Avenue Ashland, KY 41101 The Quality Inn is ideally located on U.S. Route 23 in Ashland, Kentucky, with excellent roadside visibility. The property is easily accessible to arriving guests and situated within close proximity to an array of area demand generators, including: Marathon Oil Refinery, King’s Daughters Hospital, Our Lady of Bellefonte Hospital, Paramount Arts Center, Big Sandy Superstore Arena, Highlands Museum and Discovery Center, and Central Park.

Guest Room Configuration:

Room Type Quantity King 17 Double / Double 30 King / King 3 King Suite 3 King / King Suite 1

Total Guest Rooms: 54

Contact: For more information regarding this property, please complete the attached confidentiality agreement and reach out to inquiries@derbycityhospitality.com for financials.

Confidentiality Agreement

This Confidentiality Agreement (the "Agreement”) is entered into on this day as stated above by and between Derby City Hospitality located at 18420 Standwick Drive, Louisville Kentucky 40245 (the” Disclosing Party”), and (the “Recipient” or the “Receiving Party”) as stated above. During these discussions, Disclosing Party may share certain proprietary information with the Recipient. Therefore, in consideration of the mutual promises and covenants contained in this Agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

1. Recipient' will not disclose information received by the 'disclosing party' to any individuals or parties outside of the recipients' organization without the 'disclosing parties' prior approval.

2. Recipient' will not contact or solicit employees, owners, management, construction crews or lenders of the subject property without the 'disclosing parties' prior approval.

3. Recipient' may not use the information disclosed to them through this agreement to directly compete with the subject property.

This agreement shall be governed in accordance with Kentucky law with Kentucky courts having exclusive jurisdiction over any disputes arising.

Recipient agrees that this agreement will be in effect for a 2 (two) year term from the date acknowledged by the recipient below.

Signature: ____________________________________

Date: _________________________________________