Property Details

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Econo Lodge - Bluefield, WV ~~$1,675,000~~ $1,450,000
•	Priced to Sell at Only $34,896 Per Unit.
•	Solid History of Occupancy and Revenue Production.
•	Well-Located to Demand Generators.
•	Manager’s Apartment On-Site.
•	Perfect for Owner/Operator.

Location/Market

3400 Cumberland Road
Bluefield, WV 24701

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Good Visibility from US Highway 460

Only Minutes from Bluefield College and Bluefield State College

Close to Regional Demand Generators, Including…

•	1 Mile to Fairgrounds
•	3 Miles to Comcast Mountain Festival
•	3.5 Miles to Mercer Mall
•	10 Miles to Pocahontas Coal Mine
•	35 Miles to Winterplace Ski Resort

Physical Plant
47 Rooms	Pitched Roof
Breakfast Area (Seats 5)	Asphalt Parking Lot
Two-Bedroom Manager’s Apartment	Built 1987
2 Stories
Exterior Corridors
Concrete Structure
Brick Facade

Financials
	2007	2008	2009	T-12 Mos. thru 7/10
Occupancy	76.8%	75.2%	72.9%	70.7%
Average Daily Rate	$38.80	$37.71	$40.96	$41.43
Room Revenue	$510,976	$486,130	$510,872	$502,213
Net Operating Income	$96,660	$5,175	$51,432	N/A
Monthly operating statistics are calculated on a cash basis and will not match completely with sales figures presented in the income statement.

This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!

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Econo Lodge - Bluefield, WV $1,675,000 $1,450,000