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Motel for Sale
New Martinsville, West Virginia
SOLD
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New Martinsville is located in northern West Virginia.
The motel for sale is conveniently located off OH SR-7 via
a bridge that connects to WV SR-2 North and located behind
the Bob Evans Restaurant.
There are 3 AmeriHost Inn® hotels operating in the State
of West Virginia, providing referral opportunities and AmeriHost
Inn brand support. |
Nearby attractions include:
- Bayer Corporation
- PPG Industries
- Ormet Corporation
- OSI Specialties
- WV Penitentiary Museum
- Wheeling Downs Dog Track
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Property Summary:
- Acreage – 2.27
- Built/Opened – 05/96
- 60 rooms
- King bedded - 10
- Two double bedded - 43
- One double bedded - 2
- King Sico unit - 1
- King whirlpool suites - 4
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Property Summary:
- Meeting room seating approximately 25 people
- No living quarters
- Individual through the wall Amana HVAC units
- Continental Breakfast Area located in the lobby area
- Spacious Indoor pool area off lobby w/ whirlpool and sauna
- Laundry – (2) 50 lb. dryers & (1) 50 lb. washer
- Slab on grade, wood frame construction
- Brick veneer and cedar exterior
- Two-story building (no elevator)
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Amenities Include:
- Individual deluxe whirlpool suites
- VIP upgrade in all suites, such as microfridge, ironing
board and hair dryers
- Interior guest room access
- Electronic door locks
- Clock radios and remote control televisions
- Recliners in all king-bedded rooms
- Data ports on all guest room phones
- In-room coffee service
- In-room safe
- In-room iron & ironing board In-room hair dryer
- Exercise Room
- Well lit exterior for added safety
- Complimentary expanded continental breakfast
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The hotel for sale is part of the Arlington Hospitality
hotel family, a hotel chain known for product consistency.
Since 1989, over 80 AmeriHost Inn hotels located in 16 states
have been built based on the same prototype design. By offering
the same distinct design elements and generous amenity package
at every location, guests know what to expect whenever checking
into AmeriHost Inn hotels. |
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Financial Information |
| Asking Price |
$3,100,000 |
| Number of Units |
60 |
| Cost per Unit |
$51,667 |
| Capitalization Rate |
14.59% |
| Room revenue Multiplier |
3.55 |
| Room Revenue per Room |
$14,550 |
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