80 Old Nicolette Rd | Mineral Wells, WV 26150
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80 Old Nicolette Rd
Mineral Wells, WV 26150
Holiday Inn Express & Suites Parkersburg · Hospitality Property For Sale · 50,113 SF
Investment Highlights
- Highly visible three-story, 86-room IHG-branded hotel excellently positioned over a 2.07-acre lot with abundant surface parking in Mineral Wells.
- Favorably positioned investment opportunity within the West Virginia North Area Submarket, seeing annually rising RevPAR and occupancies.
- Within a 10-mile radius of many corporate offices, including Dupont, Kraton Chemical, Wincore Windows, and Westbrook Health Services.
- Strategically situated with building signage along I-77 right off the retail exit taken for demand drivers McDonald’s, Wendy’s, Taco Bell, and more.
- Ideally equipped with sought-after on-site amenities, including an indoor heated pool, fitness center, guest laundry, and a 24-hour business center.
- Conveniently located less than 7 miles from Downtown Parkersburg and 15 miles to the Parkersburg Wood County Airport (PKB).
PROPERTY FACTS
Sale Conditions | Auction Sale | No. Stories | 3 |
Property Type | Hospitality | Year Built/Renovated | 2007/2016 |
Property Subtype | Hotel | Tenancy | Single |
Building Class | B | Parking Ratio | 0.8/1,000 SF |
Lot Size | 2.07 AC | Corridor | Interior |
Building Size | 50,113 SF |
Sale Conditions | Auction Sale |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 2.07 AC |
Building Size | 50,113 SF |
No. Stories | 3 |
Year Built/Renovated | 2007/2016 |
Tenancy | Single |
Parking Ratio | 0.8/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
Parcel Number | 08-300-00L20000 | Improvements Assessment | $1,572,960 |
Land Assessment | $72,360 | Total Assessment | $1,645,320 |
PROPERTY TAXES
Parcel Number
08-300-00L20000
Land Assessment
$72,360
Improvements Assessment
$1,572,960
Total Assessment
$1,645,320
Learn More About Investing in Hospitality Properties
Listing ID: 32273566
Date on Market: 6/27/2024
Last Updated:
Address: 80 Old Nicolette Rd, Mineral Wells, WV 26150
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