Luke Whittaker and Mitchell Glasson of Matthews Real Estate Investment Services are pleased to present an exceptional opportunity to acquire the 65-room Best Western Inn & Suites located at 51654 National Rd E, St. Clairsville, OH 43950. This property has no PIP meaning a turnkey hotel for the next investor. The current owner is completely absentee, allowing for significant operational improvement. Even with consistent revenue of $800,000, the hotel still has tremendous RevPAR upside indexing at only 66% of the comp set. Located just off the I-70 between Pittsburgh and Columbus and directly to the west of Wheeling, West Virginia, the hotel boasts multiple demand drivers including interstate travel, regional healthcare, Wheeling Island Hotel-Casino-Racetrack, Wheeling University, and energy & distribution businesses. There are multiple conversion opportunities such as Spark by Hilton, Garner by IHG, and MainStay Suites by Choice.
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
950 Main Ave.,
Suite 510, Cleveland, OH 44113