757-589-6954
1803 Emmet St N, Charlottesville, VA for Sale
Hospitality - FOR SALE
1/30
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1803 Emmet St N
Charlottesville, VA 22901
Northeast Charlottesville


HIGHLIGHTS

  • Fee Simple Interest in the 63-Room, Four-Story, Interior-Corridor Hotel
  • Located at the Route 250/29 Interchange (~62,000 Daily Vehicles) with Strategic Proximity to the University of Virginia
  • Current Absentee Ownership Structures Offer a Clear Opportunity for a Hands-On Owner to Aggressively Push Occupancy and Recapture Fair Market Share
  • Well-Maintained Property in Good Brand Standing with 14 Years Remaining on the Franchise Agreement

OVERVIEW

Colliers, as exclusive representative of the seller, is pleased to present to qualified investors the Clarion Pointe Charlottesville, located at 1803 Emmet St N Charlottesville, VA 22901. The subject property is a 63-room, four-story, interior-corridor, limited-service hotel constructed in 1988 and situated on approximately 1.66 acres with direct visibility and access to the Route 250 and Route 29 interchange (approximately 62,000 vehicles per day). The asset is offered fee simple, unencumbered by debt, and free of third-party management.

FOR SALE DETAILS

PRICE

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# OF ROOMS

63

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clarion Pointe Charlottesville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1988

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,310 SF

ZONING

NX-8

APN/PARCEL ID

40C-009-100

ASK ABOUT THIS PROPERTY

Prashant MerchantColliers | VirginiaMore Info
757-589-6954

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Prashant MerchantColliers | VirginiaMore Info
757-589-6954

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