70 Maddex Square Dr - Hospitality FOR SALE


Shepherdstown, WV 25443
$3,100,000 USD
302-750-7610
70 Maddex Square Dr, Shepherdstown, WV for Sale
$3,100,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

70 Maddex Square Dr
Shepherdstown, WV 25443


HIGHLIGHTS

  • Newly Renovated in 2025
  • $1.2 Million in CapEx Completed
  • Excellent Guest Reviews
  • 1 Mile to Shepherd University, a Public University Accredited by the Higher Learning Commission
  • Nearby Attractions Include Shepherdstown Historic District, Shepherd Soccer Complex, Popodicon, and Hagerstown Model Railroad Museum

OVERVIEW

Grant Fitzgerald // Broker of Record // License WVB250301068 Property Tours Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers. Marcus & Millichap has been chosen to exclusively market for sale the Quality Inn Shepherdstown, a recently renovated hotel situated on 1.75 acres in Shepherdstown, West Virginia. The hotel features 51 guest rooms and offers amenities such as a business center, complimentary breakfast buffet, and guest laundry facilities. Select suites include a sofa bed and separate living area. Newly renovated in 2025, the property features brand-new lobby flooring, fresh paint throughout the guest rooms and interior spaces, an updated market pantry, front-lit LED mirrors, new lobby furniture, and a Tesla Level 2 charging station. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Eastern Panhandle of West Virginia.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$136 USD /SF

# OF ROOMS

51

PRICE/ROOM

$60,784 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn Shepherdstown

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2000

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

R/LI/C

APN/PARCEL ID

09-8-00150008

ASK ABOUT THIS PROPERTY

Kyle MalinMarcus & MillichapMore Info
302-750-7610

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

Kyle MalinMarcus & MillichapMore Info
302-750-7610

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