Quality Inn Fairmont 1185 Airport Rd 96 Pièce Hôtel Fairmont, WV 26554 4 412 576 $ CAD (45 964 $ CAD/Pièce) 12% Taux de capitalisation

This 96 keys, two stories, fully renovated interior corridor asset with an elevator is well located in active Fairmont, WV market. It is located off Interstate 79. The property is a few miles from:
• Valley Falls State Park
• Fairmont State Park
• WVU Coliseum
• West Virginia University
• Meadowbrook Mall
The Quality Inn is progressing very nicely in 2025 after a change in the revenue management strategy by MTEL Consultants. YTD June 2025 the revenue is up by app. $ 70,000. At this rate the property room revenues are poised to reach $1,050,000…. similar revenues as in 2023. At this revenue level the Net – Net to an owner operator after mortgage is estimated at $180,000 and providing app 18 % ROI (Return on Investment)
The property is priced at $ 3.2 Million, consistent with the prevailing room revenue multiplier of app. 3X. The list price is well below replacement cost for a two-story interior corridor hotel asset with an elevator.
There is also a fully equipped Owner’s living quarter on the property.
The property is run absentee owner. A new owner operator can increase the revenues, reduce operating inefficiencies for better Net Operating Income.