Property profile

1783 Horse Creek Rd Spurlockville, WV 25565

OFF-MARKET
Mixed-use properties
2,520 SF 0.67 ac lot
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Property summary

AI-generated overview

This fully renovated, income-generating motel in Spurlockville, West Virginia, presents a unique investment opportunity. Situated on a 0.67-acre lot at 1783 Horse Creek Rd, this 2,520 square foot property boasts two fully furnished, turnkey units ideal for short-term rentals. Previously a restaurant, the property now offers six bedrooms and two full bathrooms, comfortably sleeping nineteen guests. Currently renting for $327 per night, the motel benefits from its proximity to the Ivy Branch Trailhead of the Hatfield McCoy Trails, attracting ATV enthusiasts and outdoor adventurers. Amenities include full kitchens with appliances, washers, and dryers in each unit, and a shared 920 square foot covered patio. Further income potential exists via a 50-amp plug suitable for food trucks or camper hookups. The property's location is also advantageous, being just ten minutes from Water Ways Water Park and twenty minutes from major shopping centers. The asking price is $450,000. This property is perfectly positioned to capitalize on the growing tourism market in the area and offers a strong return on investment. The rustic cabin-style interior provides a warm and inviting atmosphere for guests. This is a rare opportunity to acquire a profitable, established hospitality business in a desirable location.

Property profile

Verified
Property type Mixed-use properties
Total area 2,520 SF
Lot 0.67 ac (29,185 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1783 Horse Creek Rd Spurlockville, WV 25565
Spurlockville metro
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Value estimations

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Owner & transaction history

Comparables

1 recent transactions · within 1.5 mi
Comparable in this city
1 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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