Econo Lodge Huntington - Barboursville 3325 Us-60 51 Room Hotel Huntington, WV 25705 For Sale
INVESTMENT HIGHLIGHTS
- Strong revenue growth-30% increase in 2024 vs 2023
- Solid Masonry Construction 2-Story - Exterior Corridor
- Motivated seller - Bring your best offer.
- Close to high demand generators including colleges, medical centers, corporate and tourist attractions.
- Minimal PIP to New Owner
EXECUTIVE SUMMARY
Bang Realty is excited to offer the Econolodge located in Huntington, West Virginia, for sale. This well-positioned property sits along US Hwy 60, just minutes from the 1-64 Interchange and within close proximity to Marshall University. This SO-room exterior-corridor hotel, branded by Choice Hotels, presents a prime opportunity for an owner-operator to enhance value through hands-on management, capitalizing on its solid and stabilized status in the economy segment.
Huntington is West Virginia's second largest city and is at the heart of the Huntington-Ashland Metropolitan Area (MSA). This MSA with a population of 359,862, spans seven counties in three states-West Virginia, Kentucky, and Ohio. The city also serves as a major hub for the rail-to-river transportation industry and is home to the largest division within the CSX Transportation network.
Huntington is West Virginia's second largest city and is at the heart of the Huntington-Ashland Metropolitan Area (MSA). This MSA with a population of 359,862, spans seven counties in three states-West Virginia, Kentucky, and Ohio. The city also serves as a major hub for the rail-to-river transportation industry and is home to the largest division within the CSX Transportation network.
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- Due Diligence
PROPERTY FACTS
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.47 AC |
| Building Size | 20,718 SF |
| No. Rooms | 51 |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2012 |
| Tenancy | Single |
| Parking Ratio | 1.69/1,000 SF |
| Corridor | Exterior |
| Zoning | C |
AMENITIES
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 51 | $117.00 | - |
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PROPERTY TAXES
| Parcel Number | 04-3P-00740000 | Improvements Assessment | $440,520 |
| Land Assessment | $115,080 | Total Assessment | $555,600 |
