Hampton Inn


Price:
  $7,350,000   
$6,600,000

Call for Offers Issued

Reduced Price $6,60,000

Call For Offers Deadline: 3 PM on Wednesday, August 15th.
[Currently Under Agreement]

Address :

Bridgeport, WV


  •  Property NOT available for co-brokerage.
  •  Attractively priced well below replacement costs.
  •  Great potential for future revenue growth as energy-related area business activity is revived.
  •  Upside in operating margins.
  •  Premier franchise affiliation.
  •  Well-built building with guest room renovation being primary PIP item.
    View Map    View Aerial
  •  The Hampton Inn is adjacent to Bob Evans Restaurant
  •  Close to Regional Demand Generators, Including....
    •  0.5 Miles to Meadowbrook Mall
    •  2.8 Miles to FBI Criminal Justice Information System complex
    •  3.6 Miles to North Central West Virginia Airport & Mid-Atlantic Aerospace Complex
    •  4 Miles to United Hospital Center
  •  108 Rooms
  •  Breakfast Area (Seats 33)
  •  Meeting Space (Seats 25)
  •  Business Center
  •  Exercise Room
  •  Indoor, Heated Pool
  •  5 Stories
  •  Interior Corridors
  •  Concrete Structure
  •  Stucco & Decorative Stone Facade
  •  Flat, Rubber Membrane Roof
  •  Asphalt Parking Lot – 108 Spaces
  •  Built 1995
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2015
2016
2017
T-12Mos 9/18
Occupancy
68.69%
52.72%
55.34%
64.29%
Average Daily Rate
$103.40
$92.29
$90.44
$95.27
Room Revenue
$2,799,761
$1,923,362
$1,972,933
$2,414,378
Net Operating Income
$697,744
$264,443
$360,728
N/A
NOTE: Net operating income is after a pro forma deduction of4% of Total Revenues for Replacement Reserves and 3% of Total Revenues for Management Fees.
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!