Super 8

October 9, 2024

Location: Virginia

Units: 39

NEW LISTING

Property Overview:

The Super 8 is ideally located just off a major route in Virginia.  The facility is a two-story structure consisting of 39 interior corridor guestrooms, a well-appointed lobby, as well as a manager’s apartment, all of which is situated on +/- 1.164 acres of land with excellent roadside visibility.  The property just completed a significant renovation and offers a new owner a “turnkey renovated property”.

Physical Features: 

  1. 39 guestroom units
  2. Interior corridor
  3. Two story
  4. +/- 1.164 acres of land
  5. Manager’s apartment
  6. Built in 1986

Investment Considerations:

  1. Upward trending Room Revenue
  2. Located within close proximity to several leisure, commercial, and educational demand generators
  3. Spacious managers apartment
  4. Compact interior corridor design
  5. Recent renovation – should convey to a new owner with “No to minimal PIP”
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