
Address: 1 Hospitality Drive
City: Ripley
State: WV
ZIP: 25271
Rooms #: 65
Additional Features:
DEAL FEATURES
- The hotel was successfully repositioned from an Econo Lodge to a Quality Inn following an extensive interior & exterior renovation program completed by current owners.
- Property has experienced significant revenue growth post-renovation, increasing annual revenues dramatically & consistently.
- Comprehensive renovation & repositioning have substantially improved the property’s market presence, curb ap-peal, & guest experience.
- Property offers meaningful upside through continued ADR growth, yield management optimization, & operational efficiencies as the hotel stabilizes under its new branding.
- Hotel benefits from increasing brand recognition & im-proved online reputation following renovation & conversion efforts.
- Strong recent topline growth demonstrates the market’s positive response to the renovation & rebranding initiative.
- One out of service storage space includes a living room with bathroom that, with a minor investment, could be converted to either an extended stay room or an apartment for an owner/operator
BUILDING OVERVIEW
- 2 Stories, Interior Corridor – 22 Units Interior Corridor; 43 Units Exterior Corridor
- Wood Frame Construction
- Stucco Facade
- Pitched, Metal Roof
- Asphalt Parking Lot
PROPERTY HIGHLIGHTS
- 65 Guest Rooms
- Continental Breakfast Area
- Guest Laundry
- Wireless Internet
- Truck Parking
Financials
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