Econo Lodge Inn & Suites

October 22, 2018

Location: VA

Units: 109

PRICE REDUCTION

Property Overview:

This limited service Econo Lodge Inn & Suites is ideally located Shenandoah Valley, surrounded by the majestic Blue Ridge Mountains, and a vast array of area demand generators.

The facility is a two-story structure consisting of 109 interior corridor guestrooms (6 guestrooms are  have been taken out of service and currently being used by Management), lobby / front desk area, breakfast room, business center, meeting room, guest laundry facility, business center, indoor / outdoor swimming & indoor hot tub, all of and all of which is situated on +/- 6.10 acres of land with excellent accessibility.

Physical Features: 

  1. Interior Corridor Design
  2. Two-Story
  3. Guest Laundry Facility
  4. Indoor / Outdoor Swimming Pool
  5. Meeting Room
  6. +/- 6.10 acres of land (fee simple)

Investment Considerations:

  1. Hotel is unencumbered by management
  2. Excellent opportunity with a first-time buyer
  3. Priced well below replacement cost 
  4. Very good physical plant with recent renovations
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