Hampton Inn


Price:
  $7,350,000   
$6,600,000

[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
Financials
2015
2016
2017
T-12Mos 8/18
Occupancy
68.69%
52.72%
55.34%
62.70%
Average Daily Rate
$103.40
$92.29
$90.44
$94.26
Room Revenue
$2,799,761
$1,923,362
$1,972,933
$2,329,849
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!