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    OFF-MARKET
    Hotels

    1185 Airport Rd, Fairmont, WV 26554-9283

    5.01 ac lot
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US94-0046850
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL/MOTEL
    Lot 5.01 ac (218,236 SF)
    APN 24-22- 17-0124.0001
    UPID US94-0046850
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Fairview Lodging LLC · 13 yrs held
    Fairview Lodging LLC
    since 2013
    2 recorded transactions
    2013
    $2.9M
    2005
    $2.3M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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