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Best Way Inn 5311 Maccorkle Ave SE

31 Room Hotel Charleston, WV 25304 $1,758,000 CAD ($56,710 CAD/Room)

Investment Highlights

  • Location location location. . .

Executive Summary

This property pre-covid was grossing 180k annually. Please see attached financials (Profit & Losses spanning 10 years)

Property Facts

Price $1,758,000 CAD
Price Per Room $56,710 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.45 AC
Building Size 11,160 SF
No. Rooms 31
No. Stories 2
Year Built 1980
Parking Ratio 2.15/1,000 SF
Corridor Exterior
Opportunity Zone Yes

Amenities

  • Business Center

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 31 $90.01 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-13- 10-0066.0000
Land Assessment
$136,490 CAD
Improvements Assessment
$201,199 CAD
Total Assessment
$337,690 CAD

zoning

Zoning Code C-4
C-4
  • Listing ID: 30723689

  • Date on Market: 2024-01-22

  • Last Updated:

  • Address: 5311 Maccorkle Ave SE, Charleston, WV 25304

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