804-615-6694
108 River Rd, Chilhowie, VA for Sale
Hospitality - FOR SALE
1/9
null | Request Cap Rate

108 River Rd
Chilhowie, VA 24319


HIGHLIGHTS

  • Owners / managers living quarters that consists of (1) bedrooms, living area, (1) full bathroom, and a fully equipped kitchen.
  • Leased restaurant space generating monthly rental income (a fully copy of the lease is available upon request).
  • Excellent investment opportunity for a first-time buyer.

OVERVIEW

The Property is an exterior corridor limited-service Motel 6. The facility is a two-story structure consisting of 42 exterior corridor guestrooms, a spacious lobby, as well as a “leased” restaurant space. The property underwent a complete renovation and rebranding in 2019 and offers a new owner the opportunity to acquire a turnkey property with an anticipated limited PIP upon a change of ownership. The property also features a spacious managers/owner’s living quarters that consists of one bedroom, living area, one full bathroom, and a fully equipped kitchen.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

42

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6 Chilhowie, VA - I-81

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

53D2-A-119

ASK ABOUT THIS PROPERTY

Stephen AlbisCAS AssociatesMore Info
804-615-6694

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Stephen AlbisCAS AssociatesMore Info
804-615-6694

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