Econo Lodge

Price: $2,325,000

Location: WV

Units: 65


Property Overview: 

This 65-unit limited Quality Inn is located just off a major Interstate in West Virginia. The facility is a two-story structure consisting of 22 interior & 43 exterior corridor guestrooms, large spacious lobby, breakfast area, business center, meeting room, fitness center, guest laundry, and manger’s living quarters, all of which is situated on +/- 3.893 acres of land.

Physical Features: 

  1. Interior and Exterior Corridor
  2. Two-Story
  3. Manager’s Living Quarters
  4. +/- 3.893 acres of land (fee simple)
  5. Guest Laundry
  6. Built in 1988

Investment Considerations:

  1. Located within close proximity to an array of area demand generators
  2. The property offers both interior and exterior corridor style guestrooms
  3. Excellent upside potential for an aggressive “hands-on” owner/operator to improve revenue and operating margins
  4. Owner / manager’s living quarters
  5. Absentee ownership