Econo Lodge


Price:
$1,795,000

Address :
1 Hospitality Dr
Ripley, WV 25271


  •  Ideal Starter Property for Owner/Operator
  •  Great Interstate Location in Central West Virginia
  •  Superior Visibility and Access From Interstate 77
  •  Strong National Franchise in Place
  •  Huge Upside Potential with Hands-On Management
  •  Priced to Sell Below Replacement Cost
    View Map    View Aerial
  •  The county seat of Jackson County, Ripley serves as the economic and cultural center.
  •  Close to Regional Demand Generators:
    •  0.3 Miles to Jackson General Hospital
    •  3 Miles to Parchment Valley Conference Center & West Virginia Baptist Archives
    •  4 Miles to Cedar Lakes Conference Center, Home to the Mountain State Arts & Crafts Fair
    •  13 Miles to Constellium NV and the Jackson County Maritime and Industrial Center
  •  2 Stories
  •  22 Units - Interior Corridors 43 Units – Exterior Corridors
  •  Wood Frame Construction
  •  Stucco Facade
  •  Pitched, Metal Roof
  •  Asphalt Parking Lot
  •  Complimentary Breakfast Room (Seats 20)
  •  Meeting Space (Seats 35)
  •  Guest Laundry
  •  Business Center
  •  Fitness Center
  •  Wireless Internet
  •  Built 1988
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
2017
2018
2019
Occupancy
45.20%
66.84%
34.52%
Average Daily Rate
$85.00
$73.50
$71.46
RevPar
$33.10
$49.13
$24.67
Room Revenue
$785,306
$1,165,507
$585,234
Net Operating Income
N/A
N/A
$123,985
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!