Marcus & Millichap is pleased to announce the opportunity to acquire the Comfort Inn located at 300 Harper Park Drive in Beckley, West Virginia. The Comfort Inn is a 2 story, 118 room, limited service, interior corridor hotel that consists of a breakfast area, truck parking, and outdoor pool. This property offers the perfect combination of superior location and superior accommodations.The subject hotel based on its location and strong room revenue generation is a top market performer of its class. The hotel is currently running at an occupancy of 59.7%, an ADR of $76.22, and a RevPAR of $45.48. In 2016 the property produced a total room revenue of $2,050,000 and has continued exceed the $2,000,000 mark based on current 2017 estimates.
The property is situated directly off a major highway exit 44, where both Interstate 64 and Interstate 77 are combined, resulting in an extremely high volume of traffic. The hotel is within close proximity to many restaurant’s and bars, all within a 2 mile radius and include Wendy’s, Mcdonald’s, Outback Steakhouse, Bob Evans, Ruby Tuesdays, Pasquale’s Italian Restaurant, Compestre Mexican Restaurant, and The Char Steak & Seafood House. Other leisure attractions that are located in the city of Beckley include the Tamarack Cultural Center (1.3 Miles), Raleigh General Hospital (1.4 Miles), Crossroads Mall (5 Miles), Glade Springs Resort (9.4 Miles), and Winterplace Ski Resort (15 Miles)