110 Traverse Rd - Hospitality FOR SALE
Newport News, VA 23601 |
110 Traverse Rd
Newport News, VA 23601
HIGHLIGHTS
- Property tours are by APPOINTMENT ONLY. Any attempts to visit the property without agent approval will result in a ban from all future listings.
- Fee simple interest in the two-story, exterior-corridor Super 8 located at the intersection of I-64 and J Clyde Morris Boulevard.
- Brand-new, fully renovated property offered with zero change-in-ownership PIP needed.
- The competitive set is showing 69% occupancy through 2020, up 5% Compared to 2019 despite COVID-19.
- Located near a variety of demand generators including military, university, medical, retail, leisure, and transient destinations.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Super 8 Newport News-City Center
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
20518.416
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
2020
PARKING SPACES
90
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C1
APN/PARCEL ID
175.00-02-40
