1783 Horse Creek RdSpurlockville, WV 25565

For Sale
$450,000

Turnkey Motel, Sleeps 19, High Rental Income

Overview

Added:
Dec 11, 2024
Days on market:
92
This fully renovated, income-generating motel in Spurlockville, West Virginia, presents a unique investment opportunity. Situated on a 0.67-acre lot at 1783 Horse Creek Rd, this 2,520 square foot property boasts two fully furnished, turnkey units ideal for short-term rentals. Previously a restaurant, the property now offers six bedrooms and two full bathrooms, comfortably sleeping nineteen guests. Currently renting for $327 per night, the motel benefits from its proximity to the Ivy Branch Trailhead of the Hatfield McCoy Trails, attracting ATV enthusiasts and outdoor adventurers. Amenities include full kitchens with appliances, washers, and dryers in each unit, and a shared 920 square foot covered patio. Further income potential exists via a 50-amp plug suitable for food trucks or camper hookups. The property's location is also advantageous, being just ten minutes from Water Ways Water Park and twenty minutes from major shopping centers. The asking price is $450,000. This property is perfectly positioned to capitalize on the growing tourism market in the area and offers a strong return on investment. The rustic cabin-style interior provides a warm and inviting atmosphere for guests. This is a rare opportunity to acquire a profitable, established hospitality business in a desirable location.

Highlights

  • $450,000 asking price.
  • 2,520 square foot motel with 0.67 acres of land.
  • Located at 1783 Horse Creek Rd, Spurlockville, WV 25565, near Hatfield McCoy Trails and Water Ways Water Park.
  • Fully renovated, turnkey duplex with six bedrooms and two bathrooms, sleeping 19 guests.
  • Currently generating income as short-term rentals, averaging $327 per night.

Property Details for 1783 Horse Creek Rd

Property type
Multifamily properties, Other mixed-use properties
Square Feet
2,520 SF
Lot Size (sq. ft)
29,185 SF

Location Insight

City
Spurlockville
County
Lincoln
State
West Virginia
Latitude
38.1601318
Longitude
-81.8960513
1783 Horse Creek Rd, Spurlockville, West Virginia

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1783 Horse Creek Rd
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