Sunday, September 05, 2010
Property Name: Clarion Hotel
Units: 165
State: VA
List Price: "Confidential"
  New Listing
   
   
   
Physical Features
1. Interior corridors

2. Guest laundry

3. Meeting room

4. Fitness center

5. Two-story

6. Attached franchised restaurant

7. Business center

8. Outdoor swimming pool
Investment Considerations
1. Excellent upside potential for an “aggressive” operator to improve
revenues and operating margins

2. Strategically located to the property’s many demand generators

3. Excellent physical plant condition

4. Long-term lease income from a well known franchised restaurant tenant

5. Excellent interstate & roadside visibility
Property Overview
The property is a full service Clarion Hotel located just off a major interstate in Virginia. The facility is a two-story structure consisting of 165 interior corridor guest rooms, an exercise facility, meeting room, guest laundry facility, business center, and an outdoor swimming pool.

The property also houses a well known franchised restaurant that generates excellent lease income on a long-term and consistent basis.
Financials

Financials Avalible Upon Request

 

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