Hotel-Motel

Comfort & Quality Inn Kanawha City

6400 MacCorkle Ave SE, Charleston, WV 25304

Listing Price: $7,995,000

Cap Rate
11.90%
Number of Rooms
140
RevPAR
$42
Gross SF
97,563
Price/Room
$57,107
RRM
3.73
Price/Gross SF
$81.95
Year Built
1980

Investment Overview

The Property is offered unencumbered of existing management and debt with long-term franchise agreements available from Choice
Priced well below replacement costs and offered completely renovated with little to no PIP expected
7 miles from the Clay Center for the Arts and Sciences, and less than 9 miles from downtown Charleston

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the dual branded Comfort & Quality Inn located in Charleston, West Virginia. This recently repositioned property is scheduled to open during the ______ with revenue projections expected to exceed ____ annually. Conveniently positioned just off Interstates 64 and 77 the subject property is 7 miles from the Clay Center for the Arts and Sciences, and less than 9 miles from downtown Charleston.

Charleston is situated in Kanawah County and is home to the state capitol making it the most populous city in the state and the central hub of government and commerce for the state of West Virginia. Major attractions within a short distance of the property include the Mardi Gras Casino & Resort, Clay Center for the Arts & Sciences, The University of Charleston, Appalachian Power Park, CAMC General Hospital, and the Charleston Civic Center.

The University of Charleston (UC) is a private university that enrolls over 2,000 students with its main campus in Charleston, West Virginia. There are over twenty undergraduate major programs at UC, including Interior Design and Radiologic Science. Besides these two programs, other top majors at UC include English, Sports Administration, Education, Communications, Accounting, Nursing, and Athletic Training.

Investment Highlights

  • Fee-simple interest in the 70-key Comfort Inn & 70-key Quality Inn
  • Repositioned dual branded property scheduled to reopen
  • Strategically located and easily accessible directly off Interstates 64 and 77
  • 7 miles from the Clay Center for the Arts and Sciences, and less than 9 miles from d

Exclusively Listed By

Hotel-Motel

Comfort & Quality Inn Kanawha City

Listing Price: $7,995,000

Cap Rate
11.90%
Number of Rooms
140
RevPAR
$42
Gross SF
97,563
Price/Room
$57,107
RRM
3.73
Price/Gross SF
$81.95
Year Built
1980

Investment Highlights

  • Fee-simple interest in the 70-key Comfort Inn & 70-key Quality Inn
  • Repositioned dual branded property scheduled to reopen
  • Strategically located and easily accessible directly off Interstates 64 and 77
  • 7 miles from the Clay Center for the Arts and Sciences, and less than 9 miles from d

Investment Overview

The Property is offered unencumbered of existing management and debt with long-term franchise agreements available from Choice
Priced well below replacement costs and offered completely renovated with little to no PIP expected
7 miles from the Clay Center for the Arts and Sciences, and less than 9 miles from downtown Charleston

Marcus & Millichap is pleased to offer for sale a fee-simple interest in the dual branded Comfort & Quality Inn located in Charleston, West Virginia. This recently repositioned property is scheduled to open during the ______ with revenue projections expected to exceed ____ annually. Conveniently positioned just off Interstates 64 and 77 the subject property is 7 miles from the Clay Center for the Arts and Sciences, and less than 9 miles from downtown Charleston.

Charleston is situated in Kanawah County and is home to the state capitol making it the most populous city in the state and the central hub of government and commerce for the state of West Virginia. Major attractions within a short distance of the property include the Mardi Gras Casino & Resort, Clay Center for the Arts & Sciences, The University of Charleston, Appalachian Power Park, CAMC General Hospital, and the Charleston Civic Center.

The University of Charleston (UC) is a private university that enrolls over 2,000 students with its main campus in Charleston, West Virginia. There are over twenty undergraduate major programs at UC, including Interior Design and Radiologic Science. Besides these two programs, other top majors at UC include English, Sports Administration, Education, Communications, Accounting, Nursing, and Athletic Training.

Exclusively Listed By

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