LodgingIndex - Property for Sale in Virginia

Welcome to LodgingIndex

LodgingIndex Home Page I Want to Buy I Want to Sell Contact LodgingIndex

PROPERTY FOR SALE:  VIRGINIA

Click on photo for a larger, more detailed view Click on photo for a larger, more detailed view

Click on any photo for a larger, more detailed view

Location: Central Virginia, I-95 Corridor
Number of Units: 110
Year Constructed: 1973
Corridors:  Exterior
# of Stories: 2
Chain Affiliated ? : Yes
Cost to Transfer Franchise: Per Franchisor
Brand/TripAdvisor Rating : 3.8 / 5

Click on photo for a larger, more detailed view Click on photo for a larger, more detailed view

Offering Price: $ 5,000,000
Gross Rooms Revenue: $ 1,600,000 in 2017
Gross F&B Revenue: N/A
Other Revenue: $ 52,000 Annually (see below)
Annual Property Taxes: $ 30,000
Annual Insurance Costs: $ 19,500
Seller/Private Financing Available ?: No

Other Property Included: Hotel sits on 4.2 acre site

Click on photo for a larger, more detailed view Click on photo for a larger, more detailed view

Other Information: This property is prominently located with great access and excellent
visibility to the always-busy Interstate 95. The property is very clean and nicely maintained, highly
rated by guests, and performs well. It features a beautiful lobby and common spaces, spacious guest rooms,
an indoor and outdoor pool, a fitness room, meeting room, and two large banquet rooms.

Notes regarding "Other Revenues" above; the banquet rooms, restaurant and lounge are leased
(and have been, for many years) to a tenant-operator, resulting in the additional revenue indicated above.
This hotel property occupies 4.2 total acres, some or all of this land can eventually be re-developed.
Land this close to I-95, is extremely valuable. There's money in the dirt!

Package Deal Available: The seller of this hotel is selling another, in the same market. A significant discount
of up to $ 500,000 off the purchase price of this property can be considered, if the buyer opts to purchase both hotels, simultaneously.
Details regarding the other hotel can be seen by clicking here.

Click on photo for a larger, more detailed view Click on photo for a larger, more detailed view

Interested in this property?  If you would like to obtain more information about this property-for-sale, please
submit an inquiry below. Upon receipt of this, the property owner will be notified of your inquiry, and you
will receive a subsequent email, sent to the Email address you specify below, from LodgingIndex regarding
this property.   Thereafter, discussions can start directly between you and the property owner.   In order to
receive additional information, please make sure that you complete the form below and include an
accurate, valid EMail address!   By submitting the form below, the inquirer agrees that all subsequent
information obtained as a result of this inquiry is strictly confidential and is not to be disclosed to or shared
with any outside parties.  Please refer any additional interested purchasers directly to www.lodgingindex.com.

Submit your inquiry here:






All of the above information was obtained from the seller of the property and is deemed reliable, but not guaranteed.  
LodgingIndex and its representatives assume no liability.  All information should be verified by the buyer.


LodgingIndex Copyright © 2018


LodgingIndex provides Advertisement and Marketing Services only.  LodgingIndex and its representatives
are not licensed real estate agents or brokers, and do not provide any services in that capacity.