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26809064
26809058

1024 Winchester Ave, Martinsburg, WV 25401

DB
WV WV 0025133, VA VA 0225266809
Touchstone Realty, LLC
Listed by Touchstone Realty, LLC
$1,800,000
272 days on market
Updated 62 days ago
Opportunity zone

The Heritage Inn

Details
Property Type Hospitality
Sub Type Motel
Square Footage 7,600
Beds 19
NOI $315,000
Year Built 1964
Year Renovated 2000
Buildings 1
Acreage 1.000
Zoning 102
Parking Spaces 30 spaces
Parking Per SqFt 3.95
Occupancy Date 09/05/2025
Ownership Fee Simple

Profitable Turn-Key Motel Investment

Marketing description

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.

Investment highlights

Agent to provide income/expenses upon request to serious qualified buyers. Showings will be seller accompanied and scheduled in advance. Call agent for showings.

Listing Contacts

DB
WV WV 0025133, VA VA 0225266809
Touchstone Realty, LLC
Listed by Touchstone Realty, LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$315,000.00
$26,250.00/mo

Valuation Metrics

0
DSCR
17.5%
Cap Rate
17.5%
ROI

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Additional Information

Name
Diva Bunting
License
WV 0025133
Brokerage
Touchstone Realty
Brokerage Phone
304-260-9380
Title
Real Estate Broker
Brokerage Address
2986 Winchester Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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