Motel 6

Price: $2,895,000

Location: WV

Units: 100

This 100-unit limited service Motel 6 is is ideally located off U.S Route 340, just steps from Hollywood Casino at Charles Town Races, and within 5 miles of the Virginia and Maryland state borders.

The facility, built in 1980, consists of 100 exterior corridor guestrooms that underwent an extensive renovation, to include the new Phoenix Package in 2015 & 2016.  The property also includes a spacious lobby, guest laundry, and manger’s apartment, all of which is situated on +/- 5.32 acres of land with excellent accessibility to U.S. Route 340.

Physical Features: 

  1. Built in 1986
  2. +/- 1.264 acres of Land
  3. Interior & Exterior Corridor Design
  4. Two-Story Building
  5. Solid construction with brick façade

Investment Considerations:

  1. Priced below replacement cost at +/- $28,950 per unit
  2. Absentee ownership
  3. Hotel is unencumbered by management
  4. Excellent opportunity for a “hands on” owner operator to improve revenues and operating margins
  5. (4) unit owner / managers living quarters