1185 Airport Rd Fairmont, WV 26554-9283
Property profile & analytics
1185 Airport Rd Fairmont, WV 26554-9283
- Hotels
- 5.01 lot acres
Property ID
US94-0046850
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Hotels
Property Details for 1185 Airport Rd
- Lot size
- 5.01 lot acres
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 24-22- 17-0124.0001
- APU
- 24221701240001
Description
This exceptional investment opportunity presents the Quality Inn, a 93-key hotel situated at 1185 Airport Rd, Fairmont, West Virginia, 26554. Built in 1986, this two-story, single-building property boasts a prime location with convenient access to Interstate 79, ensuring high visibility and accessibility for guests. The hotel's strong performance is reflected in its impressive Net Operating Income (NOI) of $187,469, translating to a compelling price per key of $38,710. The asking price for this established hospitality asset is $3,600,000. This represents a significant opportunity for investors seeking a well-positioned hotel with a proven track record. The property's size and operational model make it particularly well-suited for owner-operators. Furthermore, its location and financial performance make it a strong candidate for Small Business Administration (SBA) financing. The property is offered at a price below replacement cost, presenting a compelling value proposition for discerning investors. This is a rare chance to acquire a profitable hotel in a desirable location with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Fairmont
- County
- Marion
- State
- West Virginia
- Longitude
- -80.1646
- Latitude
- 39.4471
- CBSA code
- 21900
- CBSA name
- FAIRMONT, WV MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,095
$160,080
$804,240
$964,320
-
$266,800
$1,340,400
$1,607,200
