Best Western

Location: Virginia

Units: 99

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: 

  1. Built in 1986
  2. +/- 3.98 Acres of Land
  3. Two-Story Building
  4. Breakfast Room
  5. Fitness Center
  6. Guest Laundry Facility
  7. Outdoor Swimming Pool

Investment Considerations:

  1. Significant upside for a focused Owner / Management Team
  2. The property is situated on +/- 3.95 acres of land in a prime location offering a Buyer future redevelopment opportunities
  3. Absentee ownership and being run by 3rd party management 
  4. Rebranding Opportunity
  5. Upward Trending Rooms Revenue in a high barrier to entry market
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