Log In/Sign Up
Your email has been sent.
Holiday Inn Express & Suites Parkersburg 80 Old Nicolette Rd 86 Room Hotel Mineral Wells, WV 26150 $10,183,642 CAD ($118,414 CAD/Room) 10.56% Cap Rate
Investment Highlights
- Post-renovation rate growth potential.
- Strong brand + reservation system.
- Stable blue-collar / corporate demand.
- Predictable cash flow.
- Low operating complexity.
- Higher cap rate than big-city hotels.
Executive Summary
Strong, Stable Demand Drivers - from consistent business and regional travel along with leisure demand. Close to Parkersburg’s industrial base (e.g., chemical companies like DuPont and Kraton) Near Mid-Ohio Valley Regional Airport and major highways (I-77 access) Serves: Corporate travelers, Contractors / project crews, Regional events (sports, small conferences) Lean operating model (breakfast + basic amenities) & Lower payroll vs. full-service hotels Strategic Highway Location just off Interstate 77 (key regional corridor) Easy access to Parkersburg and surrounding markets Reputable and nationally recognized IHG brand as a “drive-to” hotel with strong transient demand Opportunity for incremental value creation, not just yield Proven Demand + Positive Reviews - Consistently strong guest ratings (~4.4–4.6/5 range) Indicates operational stability, which matters heavily in underwriting. Simple 86-Key Asset (Right Size) Ideal size for: Efficient staffing, Scalable operations, Local or Regional ownership groups Not too small (inefficient), not too large (complex)
Property Facts
| Price | $10,183,642 CAD | Building Size | 55,449 SF |
| Price Per Room | $118,414 CAD | No. Rooms | 86 |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 10.56% | Year Built/Renovated | 2007/2025 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 1.13/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.16 AC |
| Price | $10,183,642 CAD |
| Price Per Room | $118,414 CAD |
| Sale Type | Investment |
| Cap Rate | 10.56% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.16 AC |
| Building Size | 55,449 SF |
| No. Rooms | 86 |
| No. Stories | 3 |
| Year Built/Renovated | 2007/2025 |
| Tenancy | Single |
| Parking Ratio | 1.13/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 15 | $228.14 CAD | - |
| Guest Room | 71 | $194.19 CAD | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 08-300-00L20000 | Improvements Assessment | $2,104,292 CAD |
| Land Assessment | $98,566 CAD | Total Assessment | $2,202,858 CAD |
Property Taxes
Parcel Number
08-300-00L20000
Land Assessment
$98,566 CAD
Improvements Assessment
$2,104,292 CAD
Total Assessment
$2,202,858 CAD
1 of 33
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Holiday Inn Express & Suites Parkersburg | 80 Old Nicolette Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.