Turnkey Motel with 19
1024 Winchester Avenue Martinsburg, WV 25401
1024 Winchester Avenue, Martinsburg, WV, 25401
$1,800,000
For Sale
$1,800,000
Turnkey 19-room motel with secure after-hours check-in and dedicated parking for guests.
Days on Market640
Property Features for 1024 Winchester Avenue
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1964
Listing agency
Touchstone Realty,LLC
Listed by
Diva L Bunting
Source
Deepcreeklake
Added: Oct 20, 2024 Updated: Jul 10 at 1:48PM Checked: Jul 21 at 9:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Touchstone Realty,LLC
Investment Insights
Based on property information with market context.
This turnkey motel offers 19 guest rooms with a mix of 3 king-bed rooms, 10 double-bed rooms, and 6 single-bed rooms. The property includes 20 dedicated parking spaces and sits on two adjoining lots, providing room to operate and plan for expansion. A gated entry to the rear lot adds additional space for storage or future development. On-site operations are supported by a fully equipped laundry room with coin-operated washers and dryers for guests, along with an on-site apartment for an owner or property manager and a managers office. Guest check-in is designed for after-hours use with a secure system.
The property is located on Winchester Avenue in Martinsburg, West Virginia, positioned for steady year-round demand as described in the seller’s remarks, with a vacancy rate reported at less than 2%.
For buyers seeking a hands-on-to-passive hospitality asset, the combination of existing room configuration and operational infrastructure supports efficient day-to-day management. Recent capital improvements are included, including a new roof installed less than a year ago and two brand new tankless water heaters. The motel’s established operation also presents a potential fit for investors considering a 1031 exchange, depending on their individual timing and requirements.
The property is located on Winchester Avenue in Martinsburg, West Virginia, positioned for steady year-round demand as described in the seller’s remarks, with a vacancy rate reported at less than 2%.
For buyers seeking a hands-on-to-passive hospitality asset, the combination of existing room configuration and operational infrastructure supports efficient day-to-day management. Recent capital improvements are included, including a new roof installed less than a year ago and two brand new tankless water heaters. The motel’s established operation also presents a potential fit for investors considering a 1031 exchange, depending on their individual timing and requirements.
Key Highlights
- 19‑room motel (Year built 1964) with a room mix of 3 King‑bed, 10 Double‑bed, and 6 Single‑bed rooms
- Low vacancy rate of less than 2%, supporting strong year‑round occupancy
- 20 dedicated parking spaces and two adjoining lots, including a gated rear‑lot entry
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Heritage Inn
Hotel & Motel
Similar For Sale Nearby
Similar Off Market Nearby
- Hampton Inn Martinsburg — 975 Foxcroft Ave, Martinsburg, WV 25401
- Hilton Garden Inn Martinsburg — 65 Priority Dr, Martinsburg, WV 25403
- Tru by Hilton Martinsburg — 801 Snapp St, Martinsburg, WV 25401
- Heritage Inn — 1024 Winchester Ave, Martinsburg, WV 25401
- Economy Inn — 1620 Winchester Ave, Martinsburg, WV 25405
FAQs
What type of property is this?
Motel - Turnkey 19-room motel with secure after-hours check-in and dedicated parking for guests.
Where is this motel located?
The property is located at 1024 Winchester Avenue Martinsburg, WV.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 19‑room motel (Year built 1964) with a room mix of 3 King‑bed, 10 Double‑bed, and 6 Single‑bed rooms; Low vacancy rate of less than 2%, supporting strong year‑round occupancy; 20 dedicated parking spaces and two adjoining lots, including a gated rear‑lot entry
