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Off Market
1/1

1430 N Main St
Marion, VA 24354


HIGHLIGHTS

  • SBA / USDA Loan Eligible Property. Call Madhur Gupta at 919-428-9840 For Hotel Loans or Visit https://www.dialmforhotels.com/hotel-loans/
  • Opportunity for Hotel Investors and Contractors to Acquire Hotel at Significantly Less Than Replacement Costs
  • $499,999 ONLY To Own 32-room Hotel w/ Owner’s Qtr at Estimate of $139,000 To Convert to HomeTowne Studios Extended Stay Hotel
  • Local Lodging Market Poised to Grow in Value due to Unmet Housing Needs From Section 8 Housing to $750K+ Homes, Supply Constraints, College Expansion
  • Smyth County is Within 45-min drive of the Tri-Cities MSA of Bristol, Kingsport and Johnson City
  • +/-Miles: Bristol VA-45; Roanoke VA-100; Greensboro NC 140; Charleston, WV-150; Knoxville, TN-155; Charlotte NC-160; Durham NC-190; Raleigh NC-215

FOR SALE DETAILS

PRICE

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# OF ROOMS

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CAP RATE

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BUILDING DETAILS

PROPERTY NAME

Independent Hotel With Owner's Apartment

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

11000

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1964

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

154-24-1A