101 Crossings Mall Rd | Elkview, WV 25071
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101 Crossings Mall Rd
Elkview, WV 25071
La Quinta Inn & Suites by Wyndham Elkview · Hospitality Property For Sale · 47,595 SF
Investment Highlights
- Five-story concrete block and plank construction with excellent freeway visibility to I-79 and close to Mardi Gras Casino, Yeager Airport, and more.
- Outperforming the competitive set with trailing three months demand up 18.7% with revenue following suit up 17%.
- Experiencing growth due to a $70 million high school construction project expected to take 18 months to complete.
- Excellent value-add opportunity at a very low cost per key and renovations in 2013 that totaled approximately $1.7 million.
- Opportunity to grow revenues with completion of minimal PIP on transfer.
- Excellent location with proximity to retail support services and restaurants, and roughly a 15-minute drive from Charleston along I-79.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built/Renovated | 2000/2014 |
| Building Class | B | Parking Ratio | 0.75/1,000 SF |
| Lot Size | 1.56 AC | Corridor | Interior |
| Building Size | 47,595 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.56 AC |
| Building Size | 47,595 SF |
| No. Stories | 5 |
| Year Built/Renovated | 2000/2014 |
| Parking Ratio | 0.75/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 15-18-00530004 | Improvements Assessment | $2,498,530 |
| Land Assessment | $333,520 | Total Assessment | $2,832,050 |
PROPERTY TAXES
Parcel Number
15-18-00530004
Land Assessment
$333,520
Improvements Assessment
$2,498,530
Total Assessment
$2,832,050
zoning
| Zoning Code | C |
| C |
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