1024 Winchester Ave - Hospitality FOR SALE


Martinsburg, WV 25401
$1,800,000 USD
304-260-9380
1024 Winchester Ave, Martinsburg, WV for Sale
$1,800,000 USD
Hospitality - FOR SALE
1/4
null | Request Cap Rate

1024 Winchester Ave
Martinsburg, WV 25401


OVERVIEW

Profitable Turnkey Motel Investment – The Heritage Inn - Don’t miss this rare opportunity to acquire a well-established and highly profitable motel in the heart of Martinsburg, WV. With a remarkably low vacancy rate of less than 2%, this property offers immediate and stable cash flow in a high-demand area with strong year-round occupancy. This 19-room motel features a smart room mix to accommodate various guest needs: 3 King-bed rooms, 10 Double-bed rooms, 6 Single-bed rooms. The property includes 20 dedicated parking spaces and sits on two adjoining lots, offering expanded utility and value. A gated entry to the rear lot provides additional space for storage or future development, enhancing the long-term potential of the investment. Operational efficiency is ensured with: A fully equipped laundry room, on-site apartment for owner or property manager, managers office, after hours secure guest check-in, two brand new tankless water heaters for low-maintenance, energy-efficient service, a new roof, installed less than a year ago, and featuring coin-operated washers and dryers for guests. This is a turnkey operation ideal for seasoned investors seeking a reliable income-producing asset, or a perfect 1031 exchange opportunity. With its proven performance and strategic location, this motel represents a rare chance to own a piece of Martinsburg’s thriving hospitality sector.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$136 USD /SF

# OF ROOMS

19

PRICE/ROOM

$94,737 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heritage Inn Martinsburg

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1964

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,227 SF

ZONING

Commercial

APN/PARCEL ID

01-5G-00440002,01-5G-00440003

ASK ABOUT THIS PROPERTY

Diva BuntingTouchstone Realty, LLCMore Info
304-260-9380

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Diva BuntingTouchstone Realty, LLCMore Info
304-260-9380

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.