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Hotel-Motel

Microtel Inn & Suites by Wyndham Hazelton Bruceton Mills

886 Casteel Rd, Hazelton, WV 26525

Listing Price: $3,600,000

Cap Rate
8.50%
Number of Rooms
59
RevPAR
$45
Gross SF
87,120
Price/Room
$61,017
Price/Gross SF
$41.32
Year Built
2007

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Microtel Inn & Suites by Wyndham Hazelton Bruceton Mills, a three-story limited service hotel located in Hazelton, West Virginia. The hotel's 59 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. Hotel amenities include a business center and complimentary breakfast.

Hazelton, West Virginia, nestled within the scenic landscapes of Preston County, exudes a captivating charm that reflects the heart of Appalachia. Its serene surroundings boast rolling hills, dense forests, and winding rivers that offer a haven for outdoor enthusiasts and nature lovers alike. Historically rooted in coal mining, Hazelton embodies resilience and community spirit, with its residents cherishing traditions while embracing modernity.

Amidst the picturesque backdrop, Hazelton thrives as a hub of cultural heritage, where local festivals, artisan markets, and folk music celebrations showcase the rich tapestry of Appalachian culture. Visitors and residents alike find solace in Hazelton's tranquility, where the echoes of the past harmonize with the promise of the future, creating a timeless allure that leaves an indelible mark on all who venture through its welcoming embrace.

The Microtel Inn & Suites by Wyndham Hazleton Bruceton Mills represents the opportunity to acquire an Wyndham-branded hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Northern West Virginia region.

Investment Highlights

  • Conveniently Located off of Interstate 68
  • 100 Miles South of Pittsburgh, PA | 200 Miles West of Washington, D.C. and Baltimore
  • Midway Point Between Cumberland, MD and Morgantown, WV
  • 30 Minute Drive to Deep Creek Lake and Cheat Lake
  • 26 Miles to West Virginia University | 37 Miles to Frostburg State University
  • 24 Miles to Morgantown Municipal Airport (MGW)

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WVB240300978

    West Virginia

Hotel-Motel

Microtel Inn & Suites by Wyndham Hazelton Bruceton Mills

Listing Price: $3,600,000

Cap Rate
8.50%
Number of Rooms
59
RevPAR
$45
Gross SF
87,120
Price/Room
$61,017
Price/Gross SF
$41.32
Year Built
2007

Investment Highlights

  • Conveniently Located off of Interstate 68
  • 100 Miles South of Pittsburgh, PA | 200 Miles West of Washington, D.C. and Baltimore
  • Midway Point Between Cumberland, MD and Morgantown, WV
  • 30 Minute Drive to Deep Creek Lake and Cheat Lake
  • 26 Miles to West Virginia University | 37 Miles to Frostburg State University
  • 24 Miles to Morgantown Municipal Airport (MGW)

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Microtel Inn & Suites by Wyndham Hazelton Bruceton Mills, a three-story limited service hotel located in Hazelton, West Virginia. The hotel's 59 guest rooms include a flat-screen TV, work desk, refrigerator, microwave and coffee maker. Hotel amenities include a business center and complimentary breakfast. Hazelton, West Virginia, nestled within the scenic landscapes of Preston County, exudes a captivating charm that reflects the heart of Appalachia. Its serene surroundings boast rolling hills, dense forests, and winding rivers that offer a haven for outdoor enthusiasts and nature lovers alike. Historically rooted in coal mining, Hazelton embodies resilience and community spirit, with its residents cherishing traditions while embracing modernity. Amidst the picturesque backdrop, Hazelton thrives as a hub of cultural heritage, where local festivals, artisan markets, and folk music celebrations showcase the rich tapestry of Appalachian culture. Visitors and residents alike find solace in Hazelton's tranquility, where the echoes of the past harmonize with the promise of the future, creating a timeless allure that leaves an indelible mark on all who venture through its welcoming embrace. The Microtel Inn & Suites by Wyndham Hazleton Bruceton Mills represents the opportunity to acquire an Wyndham-branded hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Northern West Virginia region.

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WVB240300978

    West Virginia

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