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Best Way Inn 5311 Maccorkle Ave SE 31 Room Hotel Charleston, WV 25304 $1,504,283 CAD ($48,525 CAD/Room)

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Investment Highlights

  • Location location location. . .

Executive Summary

This property pre-covid was grossing 180k annually. Please see attached financials (Profit & Losses spanning 10 years)

Property Facts

Price $1,504,283 CAD
Price Per Room $48,525 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.45 AC
Building Size 11,160 SF
No. Rooms 31
No. Stories 2
Year Built 1980
Parking Ratio 2.15/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning C-4

Amenities

  • Business Center

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 31 $87.52 CAD -

Property Taxes

Property Taxes

Parcel Number
20-13- 10-0066.0000
Land Assessment
$133,449 CAD
Improvements Assessment
$196,716 CAD
Total Assessment
$330,165 CAD
  • Listing ID: 30723689

  • Date on Market: 2024-01-22

  • Last Updated:

  • Address: 5311 Maccorkle Ave SE, Charleston, WV 25304

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