Travelodge

April 24, 2025

Location: Virginia

Units: 149

NEW LISTING

Property Overview:

This 149-unit limited service Travelodge is conveniently located just off a major Interstate and State Route in Virginia, and within close proximity to an array of area demand generators.

The facility, built in 1983, is a three-story structure consisting of 149 interior corridor guest rooms, a spacious lobby, breakfast room, meeting space, business center, and guest laundry facility, all of which is situated on +/- 4.58 acres of land.

Physical Features: 

  1. Built in 1983
  2. +/- 4.58 Acres of Land
  3. Three-Story Building
  4. Breakfast Room
  5. Guest Laundry Facility
  6. Meeting Space

Investment Considerations:

  1. Solid construction 
  2. The property is situated on +/- 4.58 acres of land in a prime location offering a Buyer additional development opportunities
  3. Rebranding Opportunities
  4. Recent renovation offers a new buyer with a limited to no PIP upon a change of ownership
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