Super 8


Price:
$2,850,000

[Currently Under Contract]

Address :
102 Duke Dr
Ripley, WV 25271


  •  Strong Performance in Revenue and Profitability
  •  Consistently Solid Market Area
  •  Well-Built Facility in Excellent Condition; Winner of Pride of Super 8 Award in 2015, 2016 and 2017
  •  Select Service Operating Model
  •  The hotel is being offered subject to the existing franchise. Wyndham Hotels is expected to grant a standard license agreement upon the completion of a Product Improvement Plan (PIP).
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  •  Situated at the intersection of Interstate 77 and US Route 33, Ripley is the county seat for Jackson County.
  •  Expected to be in service by the end of 2018, the Mountaineer Xpress pipeline will carry natural gas through Jackson County. Facilities in Jackson County to support the pipeline will include a compressor station and a regulation station.
  •  Close to Regional Demand Generators, Including...
    •  0.3 Miles to WVU Parkersburg – Jackson County Center
    •  0.6 Miles to Jackson General Hospital
    •  3.6 Miles to Cedar Lakes Conference Center
    •  6.4 Miles to I-77 Speedway
    •  13 Miles to Jackson County Maritime & Industrial Centre
    •  13 Miles to Constellium Rolled Products Ravenswood (aluminum plant)
  •  43 Rooms
  •  Continental Breakfast Area (Seats 6)
  •  Wireless Internet in Public Areas
  •  2 Stories
  •  Interior Corridors
  •  Wood Frame Structure
  •  Stucco Facade
  •  Pitched Roof with Asphalt Shingles
  •  Asphalt Parking Lot
  •  Built 1987
Financials
2016
2017
T-12Mos 8/18
Occupancy
80.12%
82.85%
83.99%
Average Daily Rate
$62.03
$63.90
$67.82
Room Revenue
$798,042
$852,523
$895,774
Net Operating Income
$219,723
$271,619
$316,748
Monthly operating statistics are calculated on a cash basis and will not match completely with sales figures presented in the income statement.
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!