LodgingIndex - Property for Sale in West Virginia

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FRANCHISED PROPERTY FOR SALE:  WEST VIRGINIA

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Location: Southern WV
Number of Units: 54
Year Constructed: 1991
Corridors:  Interior
# of Stories: 2
Chain Affiliated ? : Yes
Cost to Transfer Franchise: Per Franchisor
Property Rating : 4.1/5.0 (Google Reviews)

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Offering Price: $ 3,700,000
Gross Rooms Revenue: $ 983,750 in 2018
Gross F&B Revenue: N/A
Other Revenue: $ 22,297
Annual Property Taxes: $ 22,297
Annual Insurance Costs: $ 14,800
Seller/Private Financing Available ?: No

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Other Information: This clean, franchised property is located on a heavily traveled North-South highway in the beautiful Blue Ridge Mountains of Southwest Virginia. There are a variety of demand generators nearby, with very little (if any) competition. It is currently operated by absentee owners, but the property's an ideal match for a resident owner-operator service, who would like to move in, operate, and maximize the bottom line.

The seller of this property is also offering an adjacent, separate 1.0 +/- Acre Land Parcel, zoned commercial, for $ 500,000. It shall be the buyer's option to purchase this land in addition to the hotel property; or to just purchase the hotel. To learn more about this property, submit an inquiry below!

Recent Renovations Include:
Exterior Paint

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Interested in this property?  If you would like to obtain more information about this property-for-sale, please submit an inquiry below. Upon receipt of this, the property owner will be notified of your inquiry, and you will receive a subsequent email, sent to the Email address you specify below, from LodgingIndex regarding this property.   Thereafter, discussions can start directly between you and the property owner.   In order to receive additional information, please make sure that you complete the form below and include an accurate, valid EMail address!   By submitting the form below, the inquirer agrees that all subsequent information obtained as a result of this inquiry is strictly confidential and is not to be disclosed to or shared with any outside parties.  Please refer any additional interested purchasers directly to www.lodgingindex.com.

Submit your inquiry here:
All of the above information was obtained from the seller of the property and is deemed reliable, but not guaranteed.  
LodgingIndex and its representatives assume no liability.  All information should be verified by the buyer.


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