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366 Boyers Ave
Morgantown, WV 26505
Quality Inn & Suites Morgantown · Hospitality Property For Sale · 38,120 SF

INVESTMENT HIGHLIGHTS

  • PRICE REDUCED FOR QUICK SALE
  • Close to West Virginia University (WVU) and West Virginia University Hospitals

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.98 AC
Building Size 38,120 SF
No. Stories 3
Year Built/Renovated 1975/2023
Parking Ratio 6.87/1,000 SF
Corridor Interior
Zoning Commercial

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

ABOUT 366 BOYERS AVE , MORGANTOWN, WV 26505

PRICE REDUCED FOR QUICK SALE This 101 key, two stories, interior corridor asset is Ideally located near West Virginia University and many other area demand generators. located in busy Frederick, MD and Washington DC markets. It is located 1 mile east of Interstate 79 at Exit 155 just .05 mile from the West Virginia University Coliseum and one mile from the main campus. This fully renovated property is offered at an asking price of $4.5 MM, at 3.25 GRRM and $44,500 per key. The property enjoys a Trip Advisor rating of 3.5 Stars. In our judgement, the property is capable of producing room revenues in excess of $1.7MM. An onsite well experienced owner operator and with better control of expenses can increase profitability significantly.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 17-2-00370000
  • 17-2-00400000
  • 17-2-00670000
  • 17-2-00680000
  • 17-2-00700000
  • 17-2-00390000
  • 17-2-00380000
  • 17-2-00690000
  • 17-2-00710000
  • 3117200320000
Land Assessment
$599,220
Improvements Assessment
$644,620
Total Assessment
$1,243,840
  • Listing ID: 15442045

  • Date on Market: 3/14/2019

  • Last Updated:

  • Address: 366 Boyers Ave, Morgantown, WV 26505

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