1160 E Main St - Hospitality FOR SALE


Wytheville, VA 24382
$2,400,000 USD
540-998-1251
1160 E Main St, Wytheville, VA for Sale
$2,400,000 USD
Hospitality - FOR SALE
1/10
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1160 E Main St
Wytheville, VA 24382


OVERVIEW

Prime investment opportunity on the intersection of 2 Major Interstates I-81 and I-77. Motel6 an Studio6 suites, 72 room dual branded hotel.Fully renovated in year 2023. New Roof,New Parking Lot, New vinyl plank Floor,New paint inside outside, New Ptac Ac's in rooms, New Rfid door locks,New Lobby New Ice machine, guest laundry etc.2024 Revenue $600,000. Projected revenue for year 2025 is $750,000.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$199 USD /SF

# OF ROOMS

36

PRICE/ROOM

$66,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel6/Studio6 Suites, Wytheville, VA

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1975

PARKING SPACES

73

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

B-2

APN/PARCEL ID

041A-001-0000-0113A

ASK ABOUT THIS PROPERTY

Micky ChavlaCity CorpMore Info
540-998-1251

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Micky ChavlaCity CorpMore Info
540-998-1251

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.