1557 Main St - Hospitality FOR SALE
Altavista, VA 24517 |
1557 Main St
Altavista, VA 24517
HIGHLIGHTS
- Fee Simple Interest in the 65-Room, Limited-Service Hotel off US Route 29 (13,741 VPD) and Main St (7,830 VPD) in the Lynchburg MSA
- Two-Story, Interior Corridor, Well-Kept Physical Plant | Former Holiday Inn Express (2002 YOC)
- Potential Conversion Opportunity to Country Inn & Suites by Radisson or Clarion Pointe by Choice
- Underperforming Property with Rank 6 out of 9 for RevPAR in the STR Report | Significant Revenue Upside with Hands-On Management
- ?Lynchburg/Altavista Market Already Rebounded from the COVID-19 Pandemic & Out-Performing their Pre-COVID RevPAR
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Days Inn Altavista
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
23413
STORIES
1
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
2001
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C-1
APN/PARCEL ID
0690-0A000-078-0
