SOLD $374,000 - 72 Room Hotel in Elkins

SOLD $374,000 - 72 Room Hotel in Elkins

COMMERCIAL REAL ESTATE AUCTION   Thursday, March 10th at Noon Registration & Inspection Begin at 11:00AM   THE ELKINS ECONOMY INN 408 Allegheny Highway Elkins, WV  

SOLD

Call: Tia Wolski

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COMMERCIAL REAL ESTATE AUCTION

 

Thursday, March 10th at Noon

Registration & Inspection Begin at 11:00AM

 

THE ELKINS ECONOMY INN

408 Allegheny Highway

Elkins, WV

 

The Elkins Economy Inn is a fully operating hotel in Elkins, WV. The hotel is equipped with staff and will remain in business throughout the auction process, allowing the new owner to seamlessly take over this successful lodging center.

Large Inventory of New/Lightly Used Additional Furniture for Rooms  

 

Please contact Tia Wolski, Associate Broker, at 304-777-3945/tia@joerpyleauctions.com for a packet with financial information.

Don’t miss out this turn-key business opportunity!!

 

72 ROOM HOTEL – OPEN FOR BUSINESS

 

3 Buildings on 3.08+/- Acres

Lobby with Breakfast Area

Office and Laundry/Storage Area

72 Total Rooms

32 – Single Rooms

36 – Double Rooms

4 – Efficiency Rooms

Indoor Pool

Conference Room with Kitchenette

New Storage Shed

Parking for Over 90 Cars

 

RANDOLPH COUNTY

DB/PG: 439/290

District 10, Map 20, Parcel 15.1

Directions: From the Seneca Trail/US 33 Intersection in Elkins, take Allegheny Highway toward Canaan. The hotel is located 0.4 miles on the right.

AUCTION TERMS

REAL ESTATE TERMS: 10% nonrefundable down payment made day of auction (or within 24 hours for online
bidders) with balance due at closing. Cash, check, & wire transfer accepted. Credit cards will not be accepted for
the down payment. No financing contingencies will be entered into the contract. Any required inspections must
be completed prior to bidding. Property is being sold as is, where is with no warranty written or implied.
Property will be sold free and clear of all liens. Seller is conveying surface rights only with no oil, gas, coal, mineral,
or other subsurface interests conveyed unless otherwise noted. 60 days given to close. Announcements sale day
take precedence over all advertisements published. 10% Buyers Premium will be added to determine final contract
price. Name of purchaser on contract must be the name of the winning bidder or an entity which the winning
bidder legally represents. No exceptions. Real estate sold subject to owner confirmation unless otherwise noted.
Auction company reserves the right to bid on behalf of the seller in an auction with reserve.
AGENCY DISCLOSURE: Joe R. Pyle Auction and Realty Service is acting as Auctioneer/Agent and is an agent for the
seller only.
DISCLAIMER: All information regarding the description of this property is derived from sources deemed reliable
but not warranted. Information is believed to be correct to the best of auctioneer/agent’s knowledge but is subject
to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall
not be liable for inaccuracies, errors, or omissions.
Any references to acreage, unless otherwise noted, are derived from public record and are not warranted. Buyers
are responsible for conducting their own research prior to bidding.
BUYER/BROKER INFORMATION: Commission will be paid to any properly licensed buyer's broker who registers a
successful buyer according to the Broker Participation Guidelines. Broker registration forms are available on our
website or from the company office. Broker must be registered 24 hours prior to Auction. Brokers/Agents are not
entitled to a commission if they are the purchaser.

We don't just list your property - WE SELL IT!
JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

Joe R. Pyle, Broker
(888) 875-1599

5546 Benedum Drive Shinnston West Virginia 26431

www.joerpyleauctions.com

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Taylor Ramsey WV2352
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