OYO Hotel M Morgantown - WVU Area | 1400 Saratoga Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
OYO Hotel M Morgantown - WVU Area 1400 Saratoga Ave
70 Room Hotel Star City, WV 26505 $4,080,822 CAD ($58,297 CAD/Room) 15.00% Cap Rate
Investment Highlights
- Next to WVU
- Turn Key - Red Roof Inn - 2 Buildings with 35 rooms each (12 Extended Stay rooms)
Executive Summary
Property Listing Title: 70 room Red Roof Inn for Sale or Lease next to WVU, the most vibrant town in the entire state of West Virginia.
Location, Location, Location: 1400 Saratoga Ave, Morgantown, WV 26505
Property Type: Exterior Corridor 70 room Red Roof Inn - Two bildings with 35 rooms each
Listing Price: $2,900,000
Projected Revenue - $1,000,000
Projected ROI - 30%
Property Description: This offering includes 70 guest rooms in two exterior corridor buildings.
Key Features: Property Size: over an Acre, two buildigs 35 guest rooms in each building.
Ideal for owner / Operator
Contact Information: Himan
urdba@yahoo.com 7328001242
Location, Location, Location: 1400 Saratoga Ave, Morgantown, WV 26505
Property Type: Exterior Corridor 70 room Red Roof Inn - Two bildings with 35 rooms each
Listing Price: $2,900,000
Projected Revenue - $1,000,000
Projected ROI - 30%
Property Description: This offering includes 70 guest rooms in two exterior corridor buildings.
Key Features: Property Size: over an Acre, two buildigs 35 guest rooms in each building.
Ideal for owner / Operator
Contact Information: Himan
urdba@yahoo.com 7328001242
Property Facts
Price | $4,080,822 CAD | Lot Size | 4.52 AC |
Price Per Room | $58,297 CAD | Building Size | 70,000 SF |
Sale Type | Investment | No. Rooms | 70 |
Cap Rate | 15.00% | No. Stories | 3 |
Sale Conditions | Build to Suit | Year Built | 1965 |
Property Type | Hospitality | Parking Ratio | 1.53/1,000 SF |
Property Subtype | Hotel | Corridor | Exterior |
Building Class | C |
Price | $4,080,822 CAD |
Price Per Room | $58,297 CAD |
Sale Type | Investment |
Cap Rate | 15.00% |
Sale Conditions | Build to Suit |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 4.52 AC |
Building Size | 70,000 SF |
No. Rooms | 70 |
No. Stories | 3 |
Year Built | 1965 |
Parking Ratio | 1.53/1,000 SF |
Corridor | Exterior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Bar
- Bed & Breakfast
- Meeting Event Space
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 70 | $92.87 CAD | - |
1 of 1
PROPERTY TAXES
Parcel Number | 17-5-00910000 | Improvements Assessment | $2,675,928 CAD |
Land Assessment | $174,998 CAD | Total Assessment | $2,850,927 CAD |
PROPERTY TAXES
Parcel Number
17-5-00910000
Land Assessment
$174,998 CAD
Improvements Assessment
$2,675,928 CAD
Total Assessment
$2,850,927 CAD
zoning
Zoning Code | CR (Concentrated Residential) |
CR (Concentrated Residential) |
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
HotelM 1400 Saratoga
OYO Hotel M Morgantown - WVU Area | 1400 Saratoga Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.