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Quality Inn Shepherdstown 70 Maddex Square Dr 51 Room Hotel Shepherdstown, WV 25443 $5,102,041 CAD ($100,040 CAD/Room)

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INVESTMENT HIGHLIGHTS

  • Fully Renovated in 2024 to exceed Choice Hotels’ Property Improvement Plan (PIP) standards, offering fresh interiors and upgraded amenities
  • Includes a mix of standard rooms and suites, all accessible via elevator and designed for comfort and convenience.
  • One of the few franchised hotels in the area, especially after the nearby Clarion Hotel was converted to multifamily housing.
  • Prime Location Near Shepherd University
  • Equipped with ADA accessible rooms and roll-in showers to meet diverse guest needs.
  • Sits on 3.5 acres with ample parking (2.95 spaces per 1,000 SF), ideal for guests and event overflow.

EXECUTIVE SUMMARY

Welcome to 70 Maddex Square Drive, a fully renovated 51-room Quality Inn & Suites located in the heart of Shepherdstown, West Virginia. This three-story hospitality property, built in 2003 and extensively renovated in 2024, offers a rare chance to own a turnkey hotel in a high-demand market with limited franchised lodging options.
Strategically located near Shepherd University, the hotel benefits from consistent demand driven by university events, tourism, and local attractions. With the recent conversion of a nearby 168-room Clarion Hotel into multifamily housing, this property fills a critical gap in the market, positioning it for strong occupancy and premium ADRs (average daily rates).

PROPERTY FACTS

Price $5,102,041 CAD
Price Per Room $100,040 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.75 AC
Building Size 22,747 SF
No. Rooms 51
No. Stories 3
Year Built/Renovated 2000/2025
Parking Ratio 2.95/1,000 SF
Corridor Interior
Zoning R/LI/C - Residential/Light Industrial/Commercial

AMENITIES

  • Business Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $231.66 CAD -
Guest Room 49 $180.64 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-8-00150008
Land Assessment
$407,259 CAD
Improvements Assessment
$1,262,390 CAD
Total Assessment
$1,669,649 CAD
  • Listing ID: 34149382

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 70 Maddex Square Dr, Shepherdstown, WV 25443

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