Comfort Inn

Location: VA

Units: 96

UNDER CONTRACT

Property Overview:

This 96-unit limited service Comfort Inn is ideally located off Interstate 81 in the Shenandoah Valley, surrounded by the majestic Blue Ridge Mountains, and a vast array of area demand generators.

The facility is a five-story structure consisting of 96 interior corridor guestrooms, large spacious lobby, breakfast room, fitness center, and outdoor swimming pool, all of which is situated on +/- 2.23 acres of land with excellent roadside and Interstate visibility.

Physical Features: 

  1. Interior Corridor Design
  2. Five-Story
  3. Solid Construction
  4. Outdoor Swimming Pool
  5. Fitness Center
  6. +/- 2.23 acres of land (fee simple)

Investment Considerations:

  1. Located just off Interstate 81 in the picturesque Shenandoah Valley, surrounded by the majestic Blue Ridge Mountains, and a vast array of area demand generators.
  2. The property completed a re-licensing renovation in 2016 and should convey with minimal PIP upon transfer of ownership
  3. Absentee ownership offers an excellent opportunity for a focused owner / operator to drive top-line revenues and improve operating efficiencies for increased cash flow
  4. Assumable Financing in place
  5. Free-standing Waffle House on-site that is currently under a triple net lease for $3,061 per month or 6% of sales, whichever is greater. (a full copy of the lease is available upon request)
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