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Hotel-Motel

Motel 6 Huntington

4644 US-60, Huntington, WV 25705

Listing Price: $1,550,000

Cap Rate
9.61%
Number of Rooms
40
RevPAR
$32
Gross SF
13,000
Price/Room
$38,750
RRM
3.33
Price/Gross SF
$119.23
Year Built
1960

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the 40-unit, Motel 6 Huntington located in West Virginia. This well-appointed hotel was constructed in 1960 and is being offered well below replacement costs with the ability to retain the current franchise. Guest rooms provide complimentary Wi-Fi and TVs, plus minifridges, microwaves, whirlpool tubs, hair dryers, ironing boards and coffeemakers. Amenities include free coffee, vending machines, coin-operated laundry, and parking. Separated from the Guyandotte River by a strip of forest, this roadside motel along Highway 60 is less than a mile from Interstate 64, 4 miles from Marshall University in downtown, and 8 miles from the conservatory at Huntington Museum of Art.

Investment Highlights

  • Fee simple interest in the 40-unit, Motel 6 Huntington, WV
  • Offered well below replacement costs and within walking distance to all local demand
  • Extremely well maintained offered with minimal Property Improvement Plan
  • Offered unencumbered of debt and management

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WV0019009

    West Virginia

Hotel-Motel

Motel 6 Huntington

Listing Price: $1,550,000

Cap Rate
9.61%
Number of Rooms
40
RevPAR
$32
Gross SF
13,000
Price/Room
$38,750
RRM
3.33
Price/Gross SF
$119.23
Year Built
1960

Investment Highlights

  • Fee simple interest in the 40-unit, Motel 6 Huntington, WV
  • Offered well below replacement costs and within walking distance to all local demand
  • Extremely well maintained offered with minimal Property Improvement Plan
  • Offered unencumbered of debt and management

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the 40-unit, Motel 6 Huntington located in West Virginia. This well-appointed hotel was constructed in 1960 and is being offered well below replacement costs with the ability to retain the current franchise. Guest rooms provide complimentary Wi-Fi and TVs, plus minifridges, microwaves, whirlpool tubs, hair dryers, ironing boards and coffeemakers. Amenities include free coffee, vending machines, coin-operated laundry, and parking. Separated from the Guyandotte River by a strip of forest, this roadside motel along Highway 60 is less than a mile from Interstate 64, 4 miles from Marshall University in downtown, and 8 miles from the conservatory at Huntington Museum of Art.

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WV0019009

    West Virginia

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