Under Contract
Property Overview:
This 99-unit limited service Best Western is conveniently located just off a major State Route in Virginia, and within close proximity to an array of area demand generators.
The facility, built in 1986, is a two-story structure consisting of 99 interior corridor guest rooms, a spacious lobby, breakfast room, outdoor swimming pool, fitness center, business center, and guest laundry facility, all of which is situated on +/- 3.98 acres of land.
Physical Features:
- Built in 1986
- +/- 3.98 Acres of Land
- Two-Story Building
- Breakfast Room
- Fitness Center
- Guest Laundry Facility
- Outdoor Swimming Pool
Investment Considerations:
- Significant upside for a focused Owner / Management Team
- The property is situated on +/- 3.95 acres of land in a prime location offering a Buyer future redevelopment opportunities
- Absentee ownership and being run by 3rd party management
- Rebranding Opportunity
- Upward Trending Rooms Revenue in a high barrier to entry market