Charleston Embassy Suites

A hotel property in Charleston, West Virginia. Securitized in 1 CMBS deal in 2024.

$68.1MAppraised value (latest deal)
80.4%Occupancy
$5.7MUnderwritten NOI
8.4%Implied cap rate
Address
300 Court Street, Charleston, WV 25301
Property type
Hotel · Full Service
Year built
1997
Size
253 Rooms
Sponsor
Atrium Holding Company
Loan purpose
Refinance

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
WFCM 2024-5C22024-11-19$68.1M80.4%$5.7M8.4%$1.6M32.1%4.17x424B

Historical NOI reported in WFCM 2024-5C2

Period endingNOI
8/31/2024$5.6M
12/31/2023$5.3M
12/31/2022$4.5M

More CMBS properties in West Virginia →

Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.