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Sunday, September 05, 2010
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Property Name: |
Comfort Inn |
| Units: |
189 |
| State: |
VA |
| List Price: |
$6,250,000 |
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Price Reduction |
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| Physical Features |
1. +/- 2.29 acres of land
2. Fitness center
3. Meeting space
4. Six stories
5. Spacious continental breakfast room
6. Interior corridor |
| Investment Considerations |
1. Absentee ownership
2. Priced well below city assessment value
3. Excellent physical plant that just underwent an extensive renovation program
4. Excellent upside potential for an aggressive operator to improve revenues and operating margins
5. Located just off two major Interstates and within close proximity to a vast array of area demand generators |
| Property Overview |
| This 189-unit interior corridor limited service Comfort Inn is located just off two major Interstates and is within close proximity to several regional, commercial, and leisure demand generators to include a major university, a central business district, and several fortune 500 company headquarters. The facility, which underwent an extensive renovation program over the past 24 months, is a six-story structure consisting of 189 interior corridor guest rooms & suites, a large spacious lobby, breakfast room, outdoor swimming pool, fitness center, and meeting space, all of which is situated on +/- 2.29 acres of land. |
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| Financials |
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| Financials Avalible Upon Request |
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