Hampton Inn & Suites Morgantown / University Town… — Sale in Morgantown, WV
- Price: Contact for price
- Listing type: For sale
- Asset type: Hospitality Business
- Location: Morgantown, WV 26534
- Size: 51,320 SF
- Year built: 2017
Photos
Description
JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 115-room Hampton Inn & Suites Morgantown / University Town Centre (the “Hotel” or “Property”). This top-of-class, institutional-quality asset has established clear market dominance with a compelling 129% RevPAR index and consistent #1 ranking among its competitive set, while generating robust cash flows with 37.4% NOI margins. The pristine 2017-built property is due for its seven-year refresh which, once completed, will position it as a newly renovated asset in the market, while new ownership can continue to benefit from the high occupancy and boost ADR to match the renovation.
Market Context
This hospitality in Morgantown, WV is listed for sale across 51,320 SF. The building dates to 2017. Compare it against other hospitality listings for sale in Morgantown, WV — view the full market.
Contact
- Vasilis Halakos · 3027575761 · vasilis.halakos@jll.com
- Ketan Patel · 4105987595 · ketan.patel1@jll.com
- Mark Popovich · 4122818714 · mark.popovich@jll.com
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