Ohio, United States
Sale conditions: Market
Ownership: | Fee Interest |
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Type: | Hotel |
Chain / Market Scale: | Midscale |
Brand: | Quality Inn |
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Corridor: | Interior |
No. of Keys: | 100 |
OVERVIEW
• Profitable, interior corridor property along US-35 on the border of Ohio and West Virginia.
• Onsite restaurant and meeting space for 170 guests, plus proximity to Cliffside Golf Club, Raccoon Creek Country Park, and Point Pleasant River Museum ideally position the property for weddings and events.
• Upside opportunity for owner-operator: property is currently fully-staffed and run by a third-party management company.
MARKET HIGHLIGHTS
• Proximity to multiple demand generators, including Gallipolis-Meigs Regional Airport, University of Rio Grande, Marshall University Mid-Ohio, American Electric Power, and Pleasant Valley Hospital.
• The Gallipolis region has announced multiple upcoming development initiatives, including Nucor’s $3.1B steel mill in Apple Grove, WV and Precision Castpart Corp’s $500M investment in Ravenswood, WV. Nucor’s development will support more than 800 full-time employees and Precision Castparts’ development will support up to 1,000 employees once complete.
Property Name: | Login to view |
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Property Type: | Hotel |
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Chain / Market Scale: | Midscale |
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Brand: | Quality Inn |
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Corridor: | Interior |
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Keys: | 100 |
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Building Status: | Existing |
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No. of buildings: | 1 |
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Stories: | 2 |
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Parking Type: | Surface |
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Parking Spaces: | 160 |
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Construction Type: | Reinforced Concrete |
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Year Build: | 1972 |
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Address: 577 State Route 7 North, Gallipolis, OH 45631
Room Count: 100 units
Year Built: 1972
Buildings: 1 Building, 2 Stories
Corridors: Interior
Amenities: Meeting space for up to 170 guests, fitness center, onsite restaurant
Parcel Size: 3.809 acres
Construction: Concrete
HVAC: Individual PTAC units
Parcel: #00200100900
Other
Restaurant
Other
Transient
Corporate
Country: | United States |
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City: | Login to view |
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State: | Ohio |
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Postal Code: | Login to view |
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APN/Parcel ID: | Login to view |
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Location Type: | Login to view |
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President, Principal Broker
Laurel Real Estate Company
Vice President, Hotel Sales
Laurel Real Estate Company
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