OWNER OPERATOR ADVANTAGE Turnkey profitable operations | Ideal 80-key hotel with strong historical revenue and estimated income for an owner-operator | Significant revenue and operational upside opportunity for a hands-on owner-operator: To save on manager salary, wages and other operational costs To boost Occupancy(%), Average Daily Rate (ADR) and RevPAR To increase cash flow and return on investment DEMAND GENERATORS Well-located to commercial and leisure demand generators on Virginia’s Eastern Shore. - Norfolk International Airport, a major airport serving convenient daily access to hundreds of cities worldwide, is just over 40 miles from the Eastern Shore. Fully renovated exterior corridor asset with minimal PIP for new owner. ABSENTEE OWNER Absentee ownership offers scope for higher net income by an owner operator. Over the last 30 days, cheap motels in Virginia have been available starting from $43, though prices have typically been closer to $61. Lakeview Motel, Well Below Appraisal in Missouri For Sale For Only $425,000! Virginia Motels for Sale - Find A Great Selection of Motel for Sale Listings on BusinessBroker.net. MBA Hotel Brokers has closed hundreds of real estate sales, valued in the hundreds of millions of dollars. -HIGH RETURN ON INVESTMENT Great cash flow property with steady upside revenue potential and high returns. * Offices located throughout the continental United States Strong financials. Links View Current Listings LOCATION Perfectly situated off U.S. 13, a major East Coast high-traffic transient and commercial corridor connecting the Port of Hampton Roads with major metropolitan centers to the north. More info, VOTED #8 BED AND BREAKFAST IN THE COUNTRY BY TRIP ADVISORElegant, historical 106-year old home, serving as a Bed and Breakfast in the Blue Ridge Mountains for sale, listed on the National Register of Historic places and Virginia landmarks register in 1912. No Repayment Required. Do not call or visit the property without an appointment. since 1997. *CONFIDENTIAL OFFERING. Price estimates were calculated on October 17, 2020. RODEWAY INN HIGHLIGHTS Limited-service budget brand that embraces a variety of product types Simple fee structure, higher flexibility annual contract windows Industry-leading reservation system Cloud based property management system Attractive bottom line Performance and savings – a strong combination for your ROI Lower entry costs & ongoing fees FULLY RENOVATED PROPERTY WITH MINIMAL PIP The Hotel underwent extensive renovations since owners purchased in 2019 and the owners have spent over $500,000 in renovation. Information in this listing has been provided by reliable third parties, but is not guaranteed and is subject to change without notice. *Rates available as of August 2020. The hotel has a fully completed property improvement plan and minimal PIP for new owner. The Motel is conveniently located right off of US 301 with easy access to I-95 in Petersburg, Virginia, just 20 miles away from Richmond, the capital of Virginia. Danville, VA . Property tax for the Hotel is less than $13,000. - We utilize a worldwide network to advertise your business. Hotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. More info, https://www.dialmforhotels.com/property/choice-hotel-for-sale-in-virginia/100-150 key Choice Hotel for Sale in VirginiaLess than 3X Revenue | $1.6 MM+ RevenueCall + 1 919 428 9840 for Hotel Loans.Beautiful Choice Hotel for sale in Virginia with amazing upside potential!2 story, fully renovated, 100-150 key Choice hotel in Virginia offered at $4,750,000. Current owners converted the hotel to a Rodeway Inn and temporarily closed the pool and breakfast to increase the bottom line. Approximately 15 of the rooms are leased on an extended stay basis and are occupied. Atlanta, GA. 327 Dahlonega Rd, Suite 202 B Cumming GA 30040 View … Renovation Details: All locks replaced with RFID, office, laundry, maintenance shop, electrical panel, water heaters- rooms replaced with new entry locks and 3 basic keys of 15, replaced all carpets, replaced 60 new A/C units, new washer/dryer (2 of each), new phone system, repaired all wax rings mostly all faucets in the hotel, repaired stucco, walkway ceilings, stairwells, painted entrance outside, fixed and replaced soffit, landscaping, installed new routers for WIFI, replaced exterior lights with LEDs, new signage, new linen, towels, bedspreads, new sheetrock, new vending machine, new pumps for sewage pumps, added furniture for all rooms, franchise fee for Rodeway Inn contract. * Network of over 600+ Transworld Brokers SBA 504 Rate: 2.26% | SBA 7(a) rate 5.25%. This 9,574 sq. This 79 key Rodeway Inn has 2 stories and is on 1.51 acres. - We spend more money on advertising than anyone in our industry. Motivated seller. Lynchburg Grand Hotel. -MOTIVATED SELLER Located midway between New York and Florida, Virginia is in the Mid-Atlantic region. 80 Rooms , 2-Story, Exterior Corridors, Economy, Choice Franchised Hotel built in 1990 | Acres ±2.94 | Previously franchised as: Comfort Inn, Quality Inn, Days Inn. Many have owned businesses and can relate to your specific needs. (2) (757) 222 … This turnkey 40 room motel is in superb condition and is a well run motel that is easy to manage. It is located on the Appomattox River (a tributary of the longer larger James River flowing east to meet the southern mouth of the Chesapeake Bay at the Hampton Roads harbor and the Atlantic Ocean). If you have any Motels For Sale In Hampton Virginia, please feel free to sell your business here, on the leading Hampton Virginia Motels For Sale website. CHB. Search Virginia retail properties for sale. - We have a huge internal marketplace for business sales. 2 story, fully renovated, 100-150 key Choice hotel in Virginia offered at $4,750,000. Additional 3 months payment deferment possible. Hotels for Sale. Please enter your email address to reset your password. There are 25 rooms plus the manager's apartment. CONTACT: For access to more listed and off-market hotels for sale, exclusive listings, confidential hotel sales, and hotel loans, call (919) 428-9840. It is also notable for being the main thoroughfare for the Delmarva Peninsula and carrying the Chesapeake Bay Bridge–Tunnel to it in Virginia. Buyers must independently verify this information for accuracy or completeness. 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