Holiday Inn Express


Price:
  $5,750,000   
$4,950,000

Address :
2256 Landing Ln
Fairmont, WV 26554


  •  Positive revenue trend in place
  •  Desirable franchise affiliation
  •  Excellent location along Interstate 79
  •  Well-built facility in great condition
  •  Ability to capture increased rate with completed renovation
    View Map    View Aerial
  •  The City of Fairmont, County Seat of Marion County, is part of the Morgantown-Fairmont Combined Statistical Area, which is home to 186,127 people as of the 2010 Census.
  •  Fairmont lies along the Interstate 79 “High Tech Corridor”.
  •  Fairmont is home to the I-79 Technology Park, which is home to the National White Collar Crime Center, NASA Independent Verification and Validation Facility, and NOAA offices. In all, over 30 businesses employ more than 1,000 people at the park.
  •  Close to Regional Demand Generators:
    •  5.6 Miles to Fairmont State University
    •  5.9 Miles to Fairmont Regional Medical Center
    •  8.4 Miles to Pricketts Fort State Park
    •  14 Miles to Valley Falls State Park
    •  21 Miles to West Virginia University
  •  71 Rooms
  •  3 Story Building
  •  Interior Corridors
  •  Brick and Stucco Facade
  •  Pitched Roof
  •  Asphalt Parking Lot
  •  Complimentary Breakfast Room (Seats 34)
  •  Meeting Space
  •  Guest Laundry
  •  Business Center
  •  Upgraded Wireless Internet
  •  Fitness Center
  •  Indoor Pool
  •  Built 2011
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 11/19
Occupancy
52.42%
59.61%
68.91%
68.81%
Average Daily Rate
$95.02
$89.98
$95.09
$97.35
RevPar
$49.81
$53.64
$65.53
$66.80
Room Revenue
$1,294,317
$1,390,089
$1,698,142
$1,731,064
Net Operating Income
$221,410
$268,249
$466,406
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!