UNDER CONTRACT
Property Overview:
The Clarion Pointe is ideally located just off (2) major routes in Virginia. The facility is a two-story structure consisting of 66 interior corridor guestrooms, as well as, an outdoor swimming pool, meeting space, a spacious lobby, fitness center and breakfast room, all of which is situated on +/- 2.8 acres of land with excellent roadside visibility.
Physical Features:
- Interior corridor
- Two story
- Outdoor swimming pool
- +/- 2.8 acres of land
- Exercise facility
- Meeting room(s)
- Built in 1997
Investment Considerations:
- Located within close proximity to several leisure, commercial, and educational demand generators
- Excellent upside potential for a focused hands-on owner / operator based on the current Star Report as the Clarion Pointe trails its competitive set in all three categories (Occupancy, ADR and RevPar)
- Excellent roadside visibility
- The property underwent an extensive renovation, and was repositioned and rebranded as a Clarion Pointe in June of 2021
** This property is not available for Co-Brokerage **