LodgingIndex - Property for Sale in Virginia
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Location: Central Virginia, I-95 Corridor
Number of Units: 120, 20 are suites
Year Constructed: 2010
# of Stories: 5
Chain Affiliated ? : Yes
Cost to Transfer Franchise: Per Franchisor
Brand/TripAdvisor Rating : 4.6 / 5
Offering Price: $ 12,000,000
Gross Rooms Revenue: $ 2,900,000 in 2017
Gross F&B Revenue: N/A
Other Revenue: N/A
Annual Property Taxes: $ 83,700
Annual Insurance Costs: $ 27,000
Seller/Private Financing Available ?: No
Other Information: This upper-midscale, franchised 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 (20 Suites),
an indoor & outdoor pool, a fitness room, a board room, and a 1500 SF meeting room that can accommodate 125 people.
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.
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
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this property. Thereafter, discussions can start directly between you and the property owner. In order to
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