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Investment Sale: Sonesta Essential Morgantown 15 Lawless Rd 57 Room Hotel Morgantown, WV 26501 $4,200,000 ($73,684/Room)
Investment Highlights
- Franchise: Sonesta Essential
- Located 0.3 Mile from Interstate 79, Exit 152
- Outstanding Visibility
- Room Mix Includes 13 Singles, 30 Doubles and 14 Suites
- 57 Guest Rooms
- Offering High-Speed Wi-Fi, Premium Bedding, and Hot Breakfast
Executive Summary
Positioned in one of North Central West Virginia’s most active commercial corridors, this exceptional hotel investment opportunity offers both immediate income potential and long-term upside. Located at 15 Lawless Road, this 27,519 (+/-) square foot, four-story hospitality asset operates under the Sonesta Essential flag. Featuring 57 guest room, Sonesta Essential caters to upper-midscale, select-service travelers seeking a comfortable, efficient, and cost-effective stay, offering essentials like high-speed Wi-Fi, premium bedding, and hot breakfast.
Strategically situated just off Interstate 79, Exit 152, the property benefits from outstanding visibility and convenient access, making it a highly desirable stop for travelers moving through the region.
Strategically situated just off Interstate 79, Exit 152, the property benefits from outstanding visibility and convenient access, making it a highly desirable stop for travelers moving through the region.
Property Facts
| Price | $4,200,000 | Building Size | 29,060 SF |
| Price Per Room | $73,684 | No. Rooms | 57 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 2007/2016 |
| Property Subtype | Hotel | Parking Ratio | 1.72/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.29 AC | ||
| Zoning | B4 - General Business | ||
| Price | $4,200,000 |
| Price Per Room | $73,684 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.29 AC |
| Building Size | 29,060 SF |
| No. Rooms | 57 |
| No. Stories | 4 |
| Year Built/Renovated | 2007/2016 |
| Parking Ratio | 1.72/1,000 SF |
| Corridor | Interior |
| Zoning | B4 - General Business |
Amenities
- Business Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $119.00 | - |
| Guest Room | 56 | $104.00 | - |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 19-14-00290000 | Improvements Assessment | $863,820 |
| Land Assessment | $282,840 | Total Assessment | $1,146,660 |
Property Taxes
Parcel Number
19-14-00290000
Land Assessment
$282,840
Improvements Assessment
$863,820
Total Assessment
$1,146,660
Contacts
-
David Lorenze, CCIM, SIOR -
Joshua Householder -
Mark Nesselroad, Esq, MBA -
Black Diamond Realty
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Investment Sale: Sonesta Essential Morgantown | 15 Lawless Rd
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