Springhill Suites


Price:
$5,950,000

[Currently Under Contract]

Address :
1910 Hunters Way
Morgantown, WV 26505


  •  Conveniently located near Interstates 68 and 79 as well as West Virginia University
  •  Ability to join the Marriott family of brands
  •  Significant increase in revenue and profitability
  •  Priced below replacement cost
  •  Excellent overall condition
  •  *not available for co-brokerage
    View Map    View Aerial
  •  Monongalia County represents the primary economic engine for North Central West Virginia, with
  •  West Virginia University, with nearly 26,000 on-campus students and 7,500 faculty and staff, acts as a stabilizing force amid the ups and downs in the national business cycle as well as swings in the state’s coal and natural gas industries.
  •  WVU Medicine, with multiple hospitals and medical campuses in the vicinity, employs over 6,000 employees within Monongalia County
  •  Close to Regional Demand Generators:
    •  0.3 Miles to Interstate 68
    •  2.8 Miles to Morgantown Municipal Airport
    •  3.0 Miles to West Virginia University Central Campus
    •  4.4 Miles to Mountaineer Field at Milan Puskar Stadium
    •  4.6 Miles to JW Ruby Memorial Hospital
    •  4.7 Miles to Monongalia Health Medical Center
  •  3 Stories
  •  Interior Corridors
  •  Wood Frame Construction
  •  EIFS and Brick Facade
  •  Flat, Built-Up Roof
  •  Parking Lot
  •  Complimentary Breakfast Room (Seats 42)
  •  Meeting Space
  •  Guest Laundry
  •  Business Center
  •  Wireless Internet
  •  Fitness Center
  •  Indoor Pool
  •  Built 2004
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
T-12Mos 10/19
Occupancy
58.69%
63.63%
71.57%
70.45%
Average Daily Rate
$98.77
$90.28
$96.38
$98.52
RevPar
$57.96
$57.45
$68.98
$69.41
Room Revenue
$1,697,170
$1,677,502
$2,014,301
$2,026,764
Net Operating Income
$413,801
$443,055
$792,965
N/A
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!