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I want to sell my hotel
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Quality Inn
Price:
$2,950,000
$2,750,000
[Currently Under Contract]
Address :
2906 US Highway 33 East
Weston, WV 26452
Excellent Interstate 79 location
SBA financing candidate
Ideal size and operating model for owner/operator
Offered at discount to replacement cost
Limited renovations costs expected
Location/Market
Physical Plant
Financials
Centrally located in West Virginia just off I-79, which serves as the main transient route from Pittsburgh, PA to the intersection of Interstates 64 and 77 in Charleston, WV.
Weston is home to the Finishing Trades Institute Training Center which serves the International Painters Union
Close to Regional Demand Generators:
West Virginia Wesleyan College
Finishing Trades Institute — Painters Union
Mon Health & William Sharpe Jr. Hospitals
Upshur County Regional Airport
The Museum of American Glass
Stonecoal Lake Wildlife Management Area
3 Buildings
2 Stories, Exterior Corridor
Wood-frame Construction
Brick & EIFS Façade
Metal Roof (Replaced 2015)
Parking Lot Sealed and Striped 2021
Wireless Internet
Continental Breakfast
Fitness Center
Heated Outdoor Pool
Built 1983
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Financials
2019
2020
2021
T-12Mos 5/22
Occupancy
62.18%
42.25%
50.86%
48.99%
Average Daily Rate
$71.67
$67.28
$69.67
$71.54
Room Revenue
$1,138,742
$728,228
$905,427
$895,381
Net Operating Income
($114,867)
($71,287)
$72,150
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!
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