Red Roof Inn

Price: $3,950,000

Location: VA

Units: 63

NEW LISTING

Property Overview:

This 63-unit limited service Red Roof Inn is ideally located just off I-95 in Central Virginia.  The facility consists of 63 interior corridor guestrooms in (1) two-story building that is undergoing an extensive renovation and will be repositioned and rebranded as a Red Roof Inn that will open in mid-Spring of 2019.  The property also includes a spacious lobby and breakfast room, all of which is situated on +/- 1.65 acres of land.

Physical Features: 

  1. Interior Corridor
  2. Two-Story
  3. Solid Construction
  4. +/- 1.65 acres of land (fee simple)

Investment Considerations:

  1. Compact interior corridor design
  2. Strategically located to the properties many demand generators
  3. Located just off I-95 in Central Virginia
  4. Red Roof Inn voted America’s Best Budget Hotel Brand by USA Today Readers for 2017 & 2018
  5. The property is undergoing an extensive renovation and will be repositioned and rebranded as a Red Roof Inn that will open in mid-Spring of 2019
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