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America’s Best Value Inn - St. Albans, WV     $2,300,000  $2,200,000  
•   Financing from Seller May be Available for a Qualified Buyer.
•   Only a Short Drive to Tri-State Casino & Resort.
•   Ideal for Owner/Operator.
•   Several Manager’s Apartment Choices Available.
•   Restaurant Could Be Leased or Closed.
•   Priced Well Below Replacement Cost.
 
Location/Market
6210 MacCorkle Avenue
St. Albans, WV 25177
 • View Map
• View Aerial
Easy Access and Visibility
Plenty of Parking, Including Truck Parking
Riverfront Property
6 Miles to Tri-State Casino & Resort, with 90,000 Square Feet of Gaming Entertainment
Only 8 miles from Downtown Charleston, West Virginia
Close to Regional Demand Generators, Including…
• 5 Miles to Sunrise Museum
• 6 Miles to The Clay Center for Performing Arts & Appalachian Power Park
• 6 Miles to Nitro Market Place
• 6 Miles to Charleston Town Center Mall
 
Physical Plant
While hotel has 181 room bays, only 149 are currently rentable. The balance of the rooms (32) are closed or used for storage. Wood Frame on Concrete Floor Slabs
Smiley’s Restaurant & Lounge Painted Brick and Permastone Exterior
Two Racquetball Courts (One Used for Storage) Pitched Roof with Composition Shingles
Large, Unfurnished Manager’s Apartment Asphalt Parking Lot
Outdoor Pool (Closed) Built 1962, Addition in 1985
2-Story Guest Room Buildings (6) and Office Building
Exterior Corridor
 
Financials
2007
2008
2009
T-12 Mos. thru 7/10
Occupancy
59.21%
71.39%
40.79%
43.3%
Average Daily Rate
$44.15
$41.72
$47.09
$44.29
Room Revenue
$1,030,398
$1,177,136
$757,231
$756,201
Total Revenues
N/A
$1,851,375
$1,135,713
N/A
Net Operating Income
N/A
$309,632
$107,599
N/A
  

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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