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Investment Highlights
- Absentee Owned with GM and management company. New on-site owner can quickly cut expenses.
- Buyer can implement EconoLodge PIP to remain with flag, or choose franchise and brand of your choice, as available.
- Motivated Seller. Offered Unpriced - make an offer!
Executive Summary
OFFERED UNPRICED. CONTACT MBA HOTEL BROKERS FOR PRICING GUIDANCE AT 410-746-5609. This hotel had $1.8M in revenue in 2019, but never fully recovered from the COVID impact. Revenue is on upswing - 2025 is 6.2% ahead of 2024. Currently Absentee-Owned with a GM and hotel management company. Great acquisition opportunity to purchase a nationally economy-franchised hotel in the Wheeling MSA, at well below replacement cost. Near a Multitude of Demand Drivers and 3 other major MSA'S.
FRANCHISE AGREEMENT TERMINATES 07/17/26. BUYER CAN IMPLEMENT PIP AND REMAIN ECONOLODGE, OR CHOOSE FRANCHISE AND/OR BRAND OF YOUR CHOICE.
FRANCHISE AGREEMENT TERMINATES 07/17/26. BUYER CAN IMPLEMENT PIP AND REMAIN ECONOLODGE, OR CHOOSE FRANCHISE AND/OR BRAND OF YOUR CHOICE.
Data Room Click Here to Access
Property Facts
| Sale Type | Investment | No. Rooms | 109 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1972/2020 |
| Building Class | B | Parking Ratio | 2.58/1,000 SF |
| Lot Size | 4.55 AC | Corridor | Interior |
| Building Size | 61,340 SF | ||
| Zoning | Commercial | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.55 AC |
| Building Size | 61,340 SF |
| No. Rooms | 109 |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2020 |
| Parking Ratio | 2.58/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 7 | $106.64 CAD | - |
| Guest Room | 102 | $85.87 CAD | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 06-T9-00220004 | Improvements Assessment | $1,066,205 CAD |
| Land Assessment | $190,088 CAD | Total Assessment | $1,256,293 CAD |
Property Taxes
Parcel Number
06-T9-00220004
Land Assessment
$190,088 CAD
Improvements Assessment
$1,066,205 CAD
Total Assessment
$1,256,293 CAD
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Econo Lodge Inn & Suites Triadelphia | 87 Jenkins Ln
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