NEW LISTING
Property Overview:
This 52-unit limited service newly renovated Quality Inn is located on a major US Highway in Virginia and is within close proximity to an array of area demand generators.
The facility, built in 1986, consists of 52 guestrooms in (1) two-story building that underwent an extensive renovation and was repositioned and rebranded as a Quality Inn in March of 2017. The property also includes a spacious lobby, business center, breakfast room, full fitness center access, and outdoor swimming pool, all of which is situated on +/- 1.75 acres of land with excellent accessibility to a major U.S. Highway.
Physical Features:
- Built in 1986
- +/- 1.75 Acres of Land
- Two-Story Building
- Breakfast Room
- Outdoor Swimming Pool
- Access to Full Fitness Center
Investment Considerations:
- Hotel is unencumbered by management
- The property should convey with a minimal (PIP) from Franchisor
- Renovation work completed in 2016/2017 include the following upgrades / improvements; new roof, heating & air system, stucco façade, LED signage, LED parking lights, tile floor in lobby, guestroom case goods, guestroom soft goods, guestroom carpet, guestroom lighting package, guest bathroom toilets
- The property underwent an extensive renovation, and was re-positioned and re-branded as a Quality Inn in March of 2017
- Strong upward trending operating results
