Sleep Inn & Suites

Price: $3,995,000

Location: VA

Units: 82

 

Property Overview:

This 83-unit Sleep Inn & Suites is ideally located on a major US Highway in Virginia.  The facility, built in 2000, is a two-story structure consisting of 83 interior corridor guestrooms, fitness center, business center, guest laundry, meeting room, and an indoor swimming pool & whirlpool, all of which is situated on +/- 1.10 acres of land with excellent roadside visibility.

Physical Features:

  1. Interior Corridor
  2. Two-Story
  3. Fitness Center
  4. Indoor Swimming Pool
  5. Guest Laundry
  6. +/- 1.10 acres of land (fee simple)

Investment Considerations:

  1. Located within close proximity to several leisure, commercial, and regional demand generators
  2. Excellent upside opportunity for a “hands-on” owner / operator
  3. Solid operating performance with consistent growth in room sales over the past 3 years
  4. Very good physical plant with minimal “PIP” anticipated upon change of ownership
  5. Absentee Ownership
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