$12,510,000 USD
707-364-5650
1917 Coliseum Dr
Hampton, VA 23666
Coliseum Central
HIGHLIGHTS
- INVESTMENT APPEAL: The $85,700/key price (guidance: $12.5M) and SBA 504 loan eligibility with 20% down make it accessible for owner/ users.
- PROMINENT BRAND & LICENSE TERM: Courtyard is a prominent brand in turn-key condition for a new owner with an existing License Term through 2035
- OPERATIONAL UPSIDE: Opportunity to increase occupancy (52.2%) and ADR ($128) through hands-on management, leveraging the Marriott brand
- MARKET DIVERSITY: With $6.5B in annual tourism revenue and 80,000+ active-duty personnel, Hampton Roads benefits from stable demand across leisure
- Coliseum Central District: The Courtyard Hampton Coliseum is ideally located in the heart of the Coliseum Central Business Improvement District
- Hampton Coliseum and Hampton Roads Convention Center: These venues are the primary demand drivers, hosting events like the Hampton Jazz Festival
FOR SALE DETAILS
PRICE
$12,510,000 USD
PRICE/SF
$131 USD /SF
# OF ROOMS
146
PRICE/ROOM
$85,685 {currency}
CAP RATE
Request Cap Rate
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
COURTYARD MARRIOTT
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1987
PARKING SPACES
160
LAND DETAILS
LAND ACRES
4.65 AC
LAND SF
202,554 SF
ZONING
C2
APN/PARCEL ID
7001265
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707-364-5650
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707-364-5650
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