**UNDER AGREEMENT**
Property Overview:
Located just off a major interstate in Southwest Virginia.
The Super 8, which has undergone recent renovations, is a three-story structure consisting of 51 interior corridor guestrooms, a spacious lobby and breakfast facility, all of which is situated on +/- 1.23 acres of land with excellent interstate / roadside visibility.
Physical Features:
- Three stories
- +/- 1.23 acres of land
- Excellent interstate / roadside visibility
- Interior corridors
- Updated guestroom package and public space
Investment Considerations:
- Discount to replacement cost
- Located just off a dynamic exit with multiple eateries and shopping points of interest
- Recent renovation with a minimal / No “PIP” expected for a new owner
- Absentee owner
- Excellent upside potential for an “aggressive” owner/operator to improve revenues and operating margins
- Attractive Seller financing for a qualified Purchaser
Historical Revenues:
Financial information is available upon request after completion of the required Confidentiality Agreement
