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TownePlace Suites Parkersburg 415 7th St 84 Room Hotel Parkersburg, WV 26101 For Sale
Executive Summary
Acquire the 84-key TownePlace Suites Parkersburg, WV; the sole extended-stay Marriott in the market. Featuring $3.0M TTM Revenue & $997K NOI (32.5%), this recently renovated asset is proximate to major demand drivers like the US Treasury, United Bank, and WVU Medicine. Strong investment opportunity.
Property Facts
| Sale Type | Investment | No. Rooms | 84 |
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built/Renovated | 1963/2017 |
| Building Class | B | Parking Ratio | 0.61/1,000 SF |
| Lot Size | 1.46 AC | Corridor | Interior |
| Building Size | 40,747 SF | Opportunity Zone |
Yes
|
| Zoning | C | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.46 AC |
| Building Size | 40,747 SF |
| No. Rooms | 84 |
| No. Stories | 5 |
| Year Built/Renovated | 1963/2017 |
| Parking Ratio | 0.61/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C |
Amenities
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 84 | $164.00 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 05-91-00360000 | Improvements Assessment | $2,316,240 |
| Land Assessment | $193,800 | Total Assessment | $2,510,040 |
Property Taxes
Parcel Number
05-91-00360000
Land Assessment
$193,800
Improvements Assessment
$2,316,240
Total Assessment
$2,510,040
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Videos
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Photos
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TownePlace Suites Parkersburg | 415 7th St
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