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Best Way Inn 5311 Maccorkle Ave SE

31 Room Hotel Charleston, WV 25304 $1,250,000 ($40,323/Room)

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Investment Highlights

Location location location. . .

Executive Summary

This property pre-covid was grossing 180k annually. Please see attached financials (Profit & Losses spanning 10 years)

10 years of financials

Property Facts

Price	$1,250,000	Building Size	11,160 SF
Price Per Room	$40,323	No. Rooms	31
Sale Type	Investment	No. Stories	2
Sale Conditions	1031 Exchange Redevelopment Project	Year Built	1980
Property Type	Hospitality	Parking Ratio	2.15/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.45 AC

Price	$1,250,000
Price Per Room	$40,323
Sale Type	Investment
Sale Conditions	1031 Exchange Redevelopment Project
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.45 AC
Building Size	11,160 SF
No. Rooms	31
No. Stories	2
Year Built	1980
Parking Ratio	2.15/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.