Clarion Pointe

September 11, 2024

Location: Virginia

Units: 46

NEW LISTING

Property Overview:

This 46-unit limited service Clarion Pointe is conveniently located just off a (2) major Interstate in Virginia, and within close proximity to an array of area demand generators.

The facility, built in 1998, is a two-story structure consisting of 46 interior corridor guest rooms and suites, a spacious lobby, breakfast room, outdoor swimming pool, fitness center, business center, and guest laundry facility, all of which is situated on +/- 2.68 acres of land.  Additionally, this property just completed a recent renovation and should be conveyed to a new owner with a “very limited  PIP”.

Physical Features: 

  1. Built in 1998
  2. +/- 2.68 Acres of Land
  3. Two-Story Building
  4. Breakfast Room
  5. Fitness Center
  6. Guest Laundry Facility
  7. Outdoor Swimming Pool

Investment Considerations:

  1. Limited renovations expected for a new owner
  2. Very good physical plant with compact interior corridor design
  3. Solid construction with an elevator
  4. Absentee ownership makes this property an excellent investment opportunity for a first-time buyer
  5. Unencumbered by Management
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