705 Chapman Rd - Hospitality FOR SALE


Wytheville, VA 24382
$1,500,000 USD
732-318-8260
705 Chapman Rd, Wytheville, VA for Sale
$1,500,000 USD
Hospitality - FOR SALE
1/8
null | 12% Cap Rate

705 Chapman Rd
Wytheville, VA 24382


HIGHLIGHTS

  • prime interstate location directly off I-81 & I-77 at Exit 73
  • high-traffic route for transient guests, truckers and tourists makes it East Coast's major trucking and travel corridors

OVERVIEW

America's Best Value Inn, a well-established limited-service motel offering excellent interstate visibility and consistent cash flow in Wytheville, Virginia. Located at 705 Chapman Road directly off I-81 & I-77, 0.75 mile from exit 73, this 41-room property with Managers apartment provides an ideal opportunity for owner-operators or investors seeking a value-oriented hospitality asset in a high-traffic travel corridor. Easy access for truckers, tourists, and regional travelers. Exterior corridor design for easy access Strong historical occupancy and RevPAR driven by interstate traffic Consistent revenue from transient guests, with upside potential through marketing or minor upgrades Brand affiliation (America's Best Value Inn by Sonesta) for national recognition and reservations. Opportunity to maintain branding or re-flag. Growth via online booking optimization, local marketing, or adding amenities. Stable market in Southwest Virginia with tourism and business travel. Confidential financials and detailed due diligence materials available upon execution of NDA. Contact listing broker/agent for showings or additional information. Do not disturb on-site staff or management.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$84 USD /SF

# OF ROOMS

41

PRICE/ROOM

$36,585 {currency}

CAP RATE

12%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Americas Best Value Inn Wytheville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1978

PARKING SPACES

47

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

B

APN/PARCEL ID

041A-001-0000-0138A

ASK ABOUT THIS PROPERTY

Birju ChauhanIsan Companies LlcMore Info
732-318-8260

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Birju ChauhanIsan Companies LlcMore Info
732-318-8260

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