Greenbrier Motel 200 Buckhannon Pike • Clarksburg, Wv 26301 Clarksburg Greenbrier Motel City Center 200 Buckhannon Pike, Clarksburg, Wv

INVESTMENT OPPORTUNITY FOR SALE MARKETING FLYER

GREENBRIER MOTEL 200 BUCKHANNON PIKE • CLARKSBURG, WV 26301 CLARKSBURG GREENBRIER MOTEL CITY CENTER 200 BUCKHANNON PIKE, CLARKSBURG, WV

ROUTE 50 NORTHWESTERN TURNPIKE

NEW POINTE PLAZA EMILY DRIVE

EASTPOINTE SHOPPING CENTER EMILY DRIVE

GREENBRIER MOTEL 200 BUCKHANNON PIKE • CLARKSBURG, WV 26301 INVESTMENT OVERVIEW Introduction of the property including specifications of the property, utilities, ingress 02 and egress, parking, legal description, directions and a parcel map. SURROUNDING AMENITIES Aerial photo of the Clarksburg-Bridgeport location in relation to surrounding 06 retail, restaurants, and office uses. FLOOR PLANS / PHOTOS 08 Detailed descriptions and floor plans of each floor of the building with guest room photos. INTERIOR PHOTOS 12 Interior photos of the main lobby, restaurant dining and bar/lounge area. INTERIOR PHOTOS 14 Interior photos of the restaurant dining area. INTERIOR PHOTOS 16 Interior photos of the building including common areas, storage and the restaurant kitchen. EXTERIOR PHOTOS 18 Exterior photos of the property from various angles. LOCATION OVERVIEW 20 Overview of Harrison County County including population, income and housing reports. DEMAND DRIVERS 21 Local and Regional demand drivers to the Clarksburg, WV area. AERIAL PHOTOS 22 Aerial photos of the property from different angles. INVESTMENT OVERVIEW

GREENBRIER MOTEL 200 BUCKHANNON PIKE • CLARKSBURG, WV 26301

SALE PRICE / $995,000 TOTAL NUMBER OF ROOMS / 38 EFFICIENCY SUITES / 4 SERVING THE AREA FOR OVER 45 YEARS

Black Diamond Realty is pleased to present the Greenbrier Motel located in Clarksburg, West Virginia. This asset offers two buildings, 38 total guest rooms, four of which are efficiencies and a restaurant/lounge with seating for roughly 80 people. Located along Buckhannon Pike, just 0.8 mile from Route 50, this property is within close proximity to many big box retailers and chain restaurants. The motel is positioned immediately along a main thoroughfare giving it excellent visibility and roughly 200 feet of frontage.

02 GREENBRIER MOTEL • CLARKSBURG, WV BLACK DIAMOND REALTY 03 LOCATION PROPERTY SPECIFICATIONS The subject property is located along Buckhannon Pike (Route 20) in Clarks- This property has been family owned and run since 1967 when the buildings burg, West Virginia, just 0.8 mile from Route 50 (Northwestern Turnpike), and were constructed. There are two buildings associated with the property. The 2.8 miles from I-79, Exit 119. The city of Clarksburg is located within Harrison main building offers the restaurant/lounge area and 26 guest rooms. The County in the north-central region of the state. second building located behind the main building offers 12 guest rooms and a large storage room. The guest room portions of the buildings are two-sto- DIRECTIONS ry while the restaurant is single story with a small room on the second floor From I-79 southbound, take Exit 119 and merge onto Route 50 west. Travel used for private dining. Construction is cinder block with brick fire type walls 2 miles on Route 50 west and exit at Joyce Street (Route 20). Turn south onto between each room. The roof is rubber and was replaced in 1995. Exterior Buckhannon Pike and travel 0.8 mile until you reach the subject property. The building finishes are a combination of vinyl siding and brick. All heating and Greenbrier Motel will be positioned on the west side of the road just past cooling is electrically supplied by Amana brand Package Terminal Air Condition- the high life lounge. er (PTAC) units. All units were replaced within the last five years. Ceilings are drop and lighting is fluorescent with other lighting fixtures throughout. The motel offers 34 guest rooms and four efficiency rooms (38 rentable rooms total). Every guest room includes a new mattress and box spring, new flat screen TVs, a full bathroom with ceiling fan, night stands with lighting, dresser, desk, coffee maker, mini refrigerator, microwave, hair dryer, and window coverings. Efficiency rooms include all amenities as a regular guest room in addition to a kitchenette with a sink, stove, dishwasher, toaster oven and regular toaster. The motel also offers a number of common area amenities which include the restaurant, a lounge area, new washers and dryers, coin laundry machines for guests, two lottery machines (with the opportunity to have five). UTILITIES All public utilities are available to the property. Electric is provided by Mon Power. Water/sewer is provided by the Clarksburg Water Board. Natural gas is provided by Dominion. Garbage pickup is currently provided by Nutter Fort. Cable and internet are available via multiple providers. The existing owners are currently using Spectrum. INGRESS / EGRESS / PARKING This location currently offers approximately 200 feet of unobstructed frontage along Buckhannon Pike. There are two points of ingress and egress onto the property via Buckhannon Pike. The parking lot offers a total of 42 designated parking spaces positioned around the building.

04 GREENBRIER MOTEL • CLARKSBURG, WV LEGAL DESCRIPTION The property is comprised of two parcels containing a total of 1 acre. The This can be referenced in Deed Book 1355, Page 1037. The parcels are separat- property is identified as Clark-Clarksburg District (3), Tax Map 34, Parcel 97 and ed by a public road (Reno Street). See the parcels outlined in blue on the parcel 99. Parcel 97 is comprised of 0.11 acre and parcel 99 is comprised of 0.89 acre. map image below.

BLACK DIAMOND REALTY 05 SURROUNDING AMENITIES

The aerial to the right captures the Greenbrier Motel location in relation to surrounding retail, restaurants, and office uses. The motel is situated 0.8 mile to Route 50 and 2.8 miles to the East Point and New Pointe Shopping Plazas. The Motel boasts roughly 200 feet of 12 16 22 frontage along Buckhannon Pike. The businesses in the list below coordinate with the locations on the aerial photo on the following page.

Along Buckhannon Pike, there is a traffic count of 16,564 vehicles per day (WVDOH, 2014). 17 13 23

4 8 1 18 24 14 5 9 19 25

6 10 15 20 28

3 7 11 16 21 29

06 GREENBRIER MOTEL • CLARKSBURG, WV Kroger McDonald's Walmart Supercenter Food Lion Sams Club Shoe Carnival Burger King Nutter Fort Primary School Starbucks Tuscan Sun Spa & Salon Star Furniture Nutter Fort Fire Department Tractor Supply Lowe's ALDI Dairy Queen Texas Roadhouse Ruby Tuesday Harry Green Chevrolet Family Dollar USPS Arby's & Applebees McDonald's Clarksburg City Khols Staples, Ashley Home Store Rite Aid Chick-fil-A Party City, At&T, Subway GoMart

BLACK DIAMOND REALTY 07 FLOOR PLAN - FIRST FLOOR Located on the first floor, the main building offers the restaurant, lobby and check-in areas along with 10 guest rooms and the laundry room. The back building offers two guest rooms and a large storage area. This floor is ground level and requires no stairs to access. Also on this floor in the front building are two laundry/storage rooms. One efficiency room is available on this floor in room 33. Finishes to the restaurant and main building area include: drywall, wood panelling, and exposed brick and stone walls, drywall ceilings and drop ceilings, a mix of hardwood flooring, carpet, ceramic and vinyl tile flooring, fluorescent, recessed lighting and various lighting fixtures throughout. Finishes to the guest rooms include: fire proof block, wood panelling and drywall walls, drop ceilings, a mix of tile and carpet flooring, fluorescent and various lighting fixtures, and blinds on the windows.

08 GREENBRIER MOTEL • CLARKSBURG, WV FLOOR PLAN - SECOND FLOOR Located on the second floor, the main building offers a small dining room above the main restaurant area along with 14 guest rooms. The back building offers five guest rooms. This floor requires stairs to access. Stairs on the back building are located on either end of the building. Stairs on the front building are located beside room 46, 38 and 45. Room 47 offers a sauna tub and gas fireplace. Three efficiency rooms are available on this floor in rooms 42, 44 and 45. Finishes to the restaurant and main building area include: wood panelling walls, drop ceilings, carpet flooring, and various lighting fixtures throughout. Finishes to the guest rooms include: fire proof block, wood panelling and drywall walls, drop ceilings, a mix of tile and carpet flooring, fluorescent and various lighting fixtures, and blinds on the windows.

BLACK DIAMOND REALTY 09 FLOOR PLAN - THIRD FLOOR Located on the third floor, the main building offers two guest rooms and the back building offers five guest rooms. This floor requires stairs to access. Stairs on the back building are located on either end of the building. Stairs on the front building are located beside room 48. Room 47 offers a sauna tub and gas fireplace. Finishes to the guest rooms include: fire proof block, wood panelling and drywall walls, drop ceilings, a mix of tile and carpet flooring, fluorescent and various lighting fixtures, and blinds on the windows.

10 GREENBRIER MOTEL • CLARKSBURG, WV Guest Room Guest Bathroom

Efficiency Room Guest Room with Soaking Tub

BLACK DIAMOND REALTY 11 Main Entrance/Check-in Area

12 GREENBRIER MOTEL • CLARKSBURG, WV Bar Area Restaurant Dining Area

Bar/Dining Area Lottery Machines

BLACK DIAMOND REALTY 13 Dining Area Dining Area Facing Entrance

Dining Area Dining Area

14 GREENBRIER MOTEL • CLARKSBURG, WV Dining Area

BLACK DIAMOND REALTY 15 Fitness Area Lounge Area

Coin Laundry Storage/Laundry

16 GREENBRIER MOTEL • CLARKSBURG, WV Guest Kitchen Area Restaurant Kitchen

Restaurant Kitchen Restaurant Kitchen

BLACK DIAMOND REALTY 17 Exterior Main Building View from Road

18 GREENBRIER MOTEL • CLARKSBURG, WV Exterior Main Building Guest Rooms Exterior Walkways

Back Building Guest Rooms Signage

BLACK DIAMOND REALTY 19 LOCATION OVERVIEW

HARRISON COUNTY, WV Harrison County is located in north eastern West Virginia with Clarksburg being the county seat. "Harrison County is the 7th most populated county in the state of West Virginia. The economy of Harrison County, WV employs 29,946 people and is specialized in Mining/Quarrying/Oil/Gas/Extraction, Utilities and Public Administration which employ respectively 9.15; 2.67 and 1.85 times more people than what would be expected in a location of this size." 3

POPULATION

2016 Harrison County, WV Population 68,400 2 INCOME

2016 Harrison County, WV Median Household Income $47,204 2 HOUSEHOLDS

2016 Harrison County, WV Number of Households 27,741 2

SOURCES 2 - https://censusreporter.org/profiles/05000US54033-harrison-county-wv/ 3 - https://datausa.io/profile/geo/harrison-county-wv/

Distance to nearby cities: Bridgeport, WV - 5 miles, Fairmont, WV - 20 miles, Morgantown, WV - 37 miles, Parkersburg, WV - 75 miles, Washington, PA - 81 miles, Pittsburgh, PA - 109 miles, Charleston, WV - 121 miles.

20 GREENBRIER MOTEL • CLARKSBURG, WV DEMAND DRIVERS

REGIONAL - MARCELLUS & UTICA SHALE OIL AND GAS LOCAL Marcellus and Utica Shale activity has led to a significant increase hotel stay needs. Outside of the vast draw of the influx of the oil and gas industry, Clarksburg and "According to the U.S. Energy Information Administration’s May 2018 report, the the surrounding areas also offers many demand drivers for potential guests. Appalachian Marcellus and Utica shale plays account for more than 40 percent Arts, Culture and Entertainment: Clarksburg hosts a number of annual of U.S. natural gas output, compared to only three percent a decade ago. Since festivals and events such as the West Virginia Italian Festival, Glen Elk then, the Appalachian Basin has become recognized in the U.S. and around the Wine, Music and Arts Festival, and the Greek Food Festival to name a few. world as a major source of natural gas and natural gas liquids." 4 Additionally, the Clarksburg Amphitheatre is well established facility in the "The U.S. Energy Information Administration predicts that U.S. energy consump- community that has been named "Best Outdoor Concert Venue in WV". 4 tion and production is most likely set for modest growth over the next 30 years." The amphitheatre has booked several nationally known artists including The map and chart below provide a drilling productivity report as Florida Georgia Line, Jake Owen, MercyMe, Aaron Lewis, Casting Crowns, of August 13, 2018. 5 Kidz Bop, Old Dominion, Dan & Shay and plenty more. Recreation: There are a number of recreational opportunities in the area includ- OIL PRODUCTION (THOUSAND BARRELS / DAY) GAS PRODUCTION (MILLION CUBIC FEET / DAY) ing state parks, golfing, and more. Splash Zone is a local attraction that offers 119 5 29,045 5 an extensive water play area with varying depths, tipping buckets, interactive jet features and more. There are also open green areas surrounding the park for traditional family picnic and play. Education: Ranging from technical schools to traditional four-year schools, there are several colleges in the Harrison County, WV area.

KEY

Greenbrier Restaurant & Motel, Clarksburg, WV Individual Counties in the Appalachia Region

SOURCES 4 - https://oilmanmagazine.com/marcellus-utica-shale-plays-account-for-41-percent-of-u-s- natural-gas-output/ Splash Zone Clarksburg Amphitheatre 5 - https://www.eia.gov/petroleum/drilling/#tabs-summary-1 BLACK DIAMOND REALTY 21 Aerial View of the Property Facing North

22 GREENBRIER MOTEL • CLARKSBURG, WV Aerial View of the Property Facing East

Aerial View of the Property Facing Northwest Aerial View of the Property Facing Northwest

BLACK DIAMOND REALTY 23 CONTACT BLACK DIAMOND REALTY LLC

1399 Stewartstown Road, Suite 150 Mark J. Nesselroad, Broker Kim Licciardi, Associate Janelle Zeoli, Senior Designer/Marketing Coordinator Morgantown, WV 26505 [email protected] [email protected] [email protected]

P. 304.413.4350 F. 304.599.3285 David Lorenze, Principal Chris Waters, Associate Andrea Cooper, Junior Designer/Office Manager [email protected] [email protected] BlackDiamondRealty.net [email protected] Jeff Stenger, Associate Jeff Wise, Associate * All information is believed to be accurate but not [email protected] [email protected] guaranteed. More information is available upon request.