Property profile

1185 Airport Rd Fairmont, WV 26554

OFF-MARKET
Hotels
Property ID
US94-0046850
5.01 ac lot
Entity Owned 13-yr Hold ~ Est. High Equity
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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

Location

1185 Airport Rd Fairmont, WV 26554-9283
Fairmont metro Census 20900 FAIRMONT, WV MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2013
2 recorded transactions
2013
$2.9M
2005
$2.3M

Comparables

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