Super 8

Price: $2,495,000

Location: Virginia

Units: 57

Property Overview:

Located just off a major interstate in Southwest Virginia.

The Super 8, which has undergone recent renovations, is a two-story structure consisting of 57 interior corridor guestrooms, a well-appointed lobby and breakfast room, all of which is situated on +/- 1.60 acres of land with excellent roadside visibility.


Physical Features:

  1. Two stories
  2. +/- 1.60 acres of land
  3. Excellent roadside visibility
  4. Interior corridors
  5. Updated guestroom package and public space


Investment Considerations:

  • Discount to replacement cost
  • Recent renovation to include a “new” roof in CY2021
  • The property should convey with a minimal “PIP” expected for a new owner
  • Excellent upside potential for an “aggressive” owner/operator to improve revenues and operating margins
  • Located in close proximity to several demand generators
  • Excellent trends in room revenue since coming out of the pandemic


Historical Revenues:

Financial information is available upon request after completion of the required Confidentiality Agreement