Independent Property – Virginia

The property is a 45 – unit budget motel that offers an additional (25) closed guestrooms that could be renovated / opened. The facility, is made up of (4) buildings and a spacious
lobby, all of which is situated on +/- 1.48 acres of land with excellent accessibility from Interstate I-581 & I-81.

Physical Features: 

1. +/- 1.48 Acres of Land
2. One-Story and Two-Story Buildings
3. Spacious Lobby Building
4. Managers Apartment

Investment Considerations:

1. Significant upside for a focused Owner / Operator
2. The property is surrounded by numerous quick-serve eateries and retail establishments offering guest many choices in walking distance from the motel.
3. Redevelopment opportunity