Sleep Inn & Suites

March 5, 2025

Location: Virginia

Units: 75

NEW LISTING

Property Overview:

This 75-unit limited service Sleep Inn & Suites is conveniently located just off a major State Route in Virginia, and within close proximity to an array of area demand generators.

The facility, built in 2003, is a three-story structure consisting of 75 interior corridor guest rooms and suites, a spacious lobby, breakfast room, outdoor swimming pool, fitness center, business center, and guest laundry facility, all of which is situated on +/- 3.1 acres of land.

Physical Features: 

  1. Built in 2003
  2. +/- 3.10 Acres of Land
  3. Three-Story Building
  4. Breakfast Room
  5. Fitness Center
  6. Guest Laundry Facility
  7. Outdoor Swimming Pool

Investment Considerations:

  1. Significant upside for a focused Owner / Management Team based on the current Star Report findings the Subject Property significantly trails its competitive set in Occupancy / ADR and is only archiving a 65.6% RevPAR penetration index.
  2. Very good physical plant with compact interior corridor design
  3. Spacious guestrooms and “suites”
  4. Designated truck parking lot included in the sale
  5. Unencumbered by Management
{"autoplay":"true","autoplay_speed":"3000","speed":"300","arrows":"true","dots":"false","rtl":"false"}