1024 WINCHESTER AVE, Martinsburg, WV 25401
Multi-Family Home
Built in 1964
1acre lot
—— car garage
$——/sqft
Listed 7 days ago
Property Description
Profitable Turnkey Motel Investment – The Heritage Inn - Don’t miss this rare opportunity to acquire a well-established and highly profitable motel in the heart of Martinsburg, WV. With a remarkably low vacancy rate of less than 2%, this property offers immediate and stable cash flow in a high-demand area with strong year-round occupancy. This 19-room motel features a smart room mix to accommodate various guest needs: 3 King-bed rooms, 10 Double-bed rooms, 6 Single-bed rooms. The property includes 20 dedicated parking spaces and sits on two adjoining lots, offering expanded utility and value. A gated entry to the rear lot provides additional space for storage or future development, enhancing the long-term potential of the investment. Operational efficiency is ensured with: A fully equipped laundry room, on-site apartment for owner or property manager, managers office, after hours secure guest check-in, two brand new tankless water heaters for low-maintenance, energy-efficient service, a new roof, installed less than a year ago, and featuring coin-operated washers and dryers for guests. This is a turnkey operation ideal for seasoned investors seeking a reliable income-producing asset, or a perfect 1031 exchange opportunity. With its proven performance and strategic location, this motel represents a rare chance to own a piece of Martinsburg’s thriving hospitality sector.
- Listing Status:
- Active
- Listing Office:
- Touchstone Realty, LLC : 3042609380
- Listing Agent:
- Diva L Bunting : 3047024141
- MLS ID:
- WVBE2043720

- Flooring: Carpet
- A/C: Wall Unit
- Heating: Wall UnitElectric
- Disability Feature: None
This listing courtesy of Diva L Bunting, Touchstone Realty, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Winchester Avenue Elementary School
650 Winchester Ave, Martinsburg, WV, 25401
Grades PK-3
0.61 miles away
Martinsburg South Middle School
150 Bulldog Blvd, Martinsburg, WV, 25401
Grades 6-8
0.74 miles away
Martinsburg High School
701 S Queen St, Martinsburg, WV, 25401
Grades 9-12
0.73 miles away