Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 53-unit, Microtel Inn & Suites by Wyndham Mineral Wells/Parkersburg, located in Mineral Wells, West Virginia. The subject property is ideally located on 1.23 acres directly off I-77 with close proximity to all demand generators. Common area amenities include complimentary continental breakfast, fitness center, 24-hour front desk, free on-site parking, guest laundry facilities, business center with fax & photocopy machine, and vending machines. Each guest room is equipped with free Wi-Fi, flat-screen TV, microwave, refrigerator, in-room coffee & tea maker, private bathroom, and desk with chair. Mineral Wells is situated in northern West Virginia along Interstate-77, just 3 miles outside of Parkersburg. Local attractions include multiple parks, West Virginia Motor Speedway, West Virginia Interstate Fairground, and Discovery World on Market. The West Virginia Motor Speedway, 2.3 miles away, is known as the “Worlds Fastest Dirt Track” hosting racing events and trade shows year-round drawing in visitors to the area. Another major demand generator for the area is West Virginia University – Parkersburg, 5.8 miles away, is an accredited, two-year community and technical college affiliated with the West Virginia University school system. Students who attend WVU – Parkersburg, will complete their first two years at the Parkersburg campus and then will transition to a four-year program through WVU. Less than 8 miles away, Camden Clark Medical Center, is affiliated with WVU Health System, offering a 300+ bed acute care medical center. For traveling to the area, the Mid-Ohio Valley Regional Airport, 14.9 miles away, provides daily flights to and from the area with service from Contour Airlines.