SOLD $374,000 - 72 Room Hotel in Elkins

COMMERCIAL REAL ESTATE AUCTION

Thursday, March 10^th 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.

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. 

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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