Comfort Inn

April 23, 2025

Location: Virginia

UNDER AGREEMENT

Property Overview:

The property is a 99 unit limited-service Comfort Inn. The facility, consist of (1) two-story structure; featuring 99 spacious interior corridor guest rooms, fitness center, outdoor pool, and meeting space, all of which is situated on +/- 4.37 acres of land with excellent interstate and roadside visibility in a high barrier to entry market.

The facility was closed in mid-2023 and underwent an extensive renovation and reopened November of 2024.

Physical Features:

  1. One 2-story building
  2. +/- 4.37 acres of land
  3. Outdoor pool
  4. Fitness room
  5. Meeting space
  6. Guest laundry
  7. Elevator

 Investment Considerations:

  • Starting in March 2025 and for April 2025 month-to-date the property is now showing room revenue recovery from its closure of almost 18-months.
  • Absentee ownership with 3rd party management
  • Located just off a major interstate and close to numerous demand generators
  • Excellent physical plant as the property just completed a substantial renovation
  • Minimal to “No” PIP is anticipated upon a change of ownership
{"autoplay":"true","autoplay_speed":"3000","speed":"300","arrows":"true","dots":"false","rtl":"false"}