Hampton Inn


Price:
$5,975,000

Address :
1515 Johnson Avenue
Bridgeport, WV 26330


  •  Property NOT available for co-brokerage
  •  Significantly underperforming in RevPAR index in relation to competitive set
  •  Operating margins are well below industry averages even at the current lower levels of occupancy
  •  Attractively priced at less than 50% of replacement costs
  •  Great potential for future revenue growth as energy related area business activity is revived
  •  Premier franchise affiliation
  •  Life of License Franchise Through February of 2029
    View Map    View Aerial
  •  Bridgeport lies at the intersection of Interstate 79, West Virginia’s High-Tech Corridor, and US 50, the primary corridor to the deep Marcellus and Utica Shale gas production facilities along the Ohio River.
  •  The Hampton Inn is adjacent to Bob Evans Restaurant
  •  Close to Regional Demand Generators:
    •  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
    •  5 Miles to Bridgeport Recreation Complex
  •  5 Stories
  •  Interior Corridors
  •  Concrete Structure
  •  Stucco & Decorative Stone Facade
  •  Flat, Rubber Membrane Roof
  •  Asphalt Parking Lot - 108 Spaces
  •  Complimentary Breakfast Area (Seats 33)
  •  Meeting Space (Seats 25)
  •  Business Center
  •  Suite Shop
  •  Fitness Center
  •  Indoor, Heated Pool
  •  Wireless Internet
  •  Built 1994
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
2016
2017
2018
2019
T-12Mos 2/20
Occupancy
52.73%
55.34%
67.96%
59.56%
60.70%
Average Daily Rate
$92.29
$90.44
$97.69
$92.44
$91.56
RevPar
$48.66
$50.05
$66.38
$55.06
$55.58
Room Revenue
$1,923,362
$1,972,933
$ 2,616,872
$2,170,348
$2,208,908
Net Operating Income
$383,137
$468,856
$998,879
$489,058
$486,674
Note: No Management Fees or Replacement Reserves have been deducted from Net Operating Income
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!