Old Fences Realty INC
Listed by Old Fences Realty INC
$249,900
1158 Ripley Road
Details
Property Type Hospitality, Retail
Sub Type Motel
Tenancy Multi
Acreage 4.400
Investment Type Stabilized
1158 Ripley Road, Spencer, WV 25276
Marketing description
Great Investment! With income from monthly tenants and VRBO type rentals it gives you the best of both worlds. 2/3rds of the buildings have been freshly remodeled with efficiency apartments and a mix of motel type of rooms. Location, Location, Location, it is located along US. 33 and it is one of the highest traffic counts in the county. With low vacancy rates and no motels in the county it is easy to keep filled. It also has a guest laundry for an additional stream of income. There is additional land located across the street for some additional commercial pursuits. Call today because this investment will not last long.
Investment highlights
- Income from monthly tenants and VRBO type rentals
- 2/3rds of the buildings have been freshly remodeled with efficiency apartments and a mix of motel type of rooms
- Located along US. 33 - one of the highest traffic counts in the county
- Low vacancy rates and no motels in the county
- Guest laundry for an additional stream of income
- Additional land located across the street for additional commercial pursuits
Listing Contacts
Old Fences Realty INC
Listed by Old Fences Realty INC
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