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Spencer DrFairmont, WV 26554
Red Roof Inn Fairmont - Fairmont, WV
Asset ClassHotel & Hospitality
overview of deal

Overview

HREC Investment Advisors (“HREC IA”) and Hilco Real Estate (HRE) are pleased to present qualified investors the opportunity to acquire the fee-simple interest in the 108-guestroom Red Roof Inn Fairmont (“Hotel” or “Property”) located at 42 Spencer Dr, Fairmont, WV 26554. The Red Roof Inn maintains a premium location off the intersection of I-79 and Highway-250 with Fairmont’s most prestigious research centers within its immediate area.

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Investment Highlights

- Market Leader in Occupancy

- Significant RevPAR Upside Following Completion of Change-of-Ownership PIP

- Highly Accessible Location off I-79

- Across the Street from Major Demand Generators

- Extended Reach Brand Affiliation

- Fee Simple Asset Offered at a Discount to Replacement Cost

- Offered Unencumbered by Management and Debt

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Spencer DrFairmont, WV 26554

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Listing provided by Revere CRE