Danville, VA . BizQuest has more Virginia Hotel and Motel for sale listings than any other source. * Transworld is the largest Business Brokerage franchise in the United States Hotels and motels cater to all, making them great business opportunities. OWNER OPERATOR ADVANTAGE Turnkey profitable operations | Ideal 80-key hotel with strong historical revenue and estimated income for an owner-operator | Significant revenue and operational upside opportunity for a hands-on owner-operator: To save on manager salary, wages and other operational costs To boost Occupancy(%), Average Daily Rate (ADR) and RevPAR To increase cash flow and return on investment DEMAND GENERATORS Well-located to commercial and leisure demand generators on Virginia’s Eastern Shore. One of the most amazing features of More info. Airport (RIC) - 44 min drive 24.7 mi LOCAL ATTRACTIONS AND DEMAND GENERATORS Old Blandford Church - 7 min walk Centre Hill Museum - 14 min walk Farmers Bank - 19 min walk Siege Museum - 20 min walk Pocahontas Island Black History Museum - 27 min walk Violet Bank Museum - 32 min walk Fort Lee - 2.7 mi / 4.4 km Petersburg National Battlefield Park - 2.6 mi / 4.2 km Southside Regional Medical Ctr (0.9 miles) Central State Hospital (3.2 miles) Poplar Springs Hospital (3.3 miles) Virginia State University - 45 min walk / 6 min drive / 2 mile Pamplin Historical Park - 11 min drive The US Army Women’s Museum - 5-14 minutes drive Swader Sports Park - 5-14 minutes drive Virginia Motorsports Park - 5-14 minutes drive ABOUT PETERSBURG Petersburg is an independent city in the Commonwealth of Virginia in the United States. * Offices located throughout the continental United States SBA 504 Rate: 2.26% | SBA 7(a) rate 5.25%. The Bureau of Economic Analysis combines Petersburg (along with the city of Colonial Heights) with Dinwiddie County for statistical purposes. - We keep the sale confidential! RODEWAY INN HIGHLIGHTS Limited-service budget brand that embraces a variety of product types Simple fee structure, higher flexibility annual contract windows Industry-leading reservation system Cloud based property management system Attractive bottom line Performance and savings – a strong combination for your ROI Lower entry costs & ongoing fees FULLY RENOVATED PROPERTY WITH MINIMAL PIP The Hotel underwent extensive renovations since owners purchased in 2019 and the owners have spent over $500,000 in renovation. Buyers must independently verify this information for accuracy or completeness. More info, https://www.dialmforhotels.com/property/choice-hotel-for-sale-in-virginia/100-150 key Choice Hotel for Sale in VirginiaLess than 3X Revenue | $1.6 MM+ RevenueCall + 1 919 428 9840 for Hotel Loans.Beautiful Choice Hotel for sale in Virginia with amazing upside potential!2 story, fully renovated, 100-150 key Choice hotel in Virginia offered at $4,750,000. This turnkey 40 room motel is in superb condition and is a well run motel that is easy to manage. INVESTMENT HIGHLIGHTS - Fee simple interest in two-story exterior corridor motel with 117 guest rooms for sale at $2,850,000 or $24,359 per key located off Route 58 in Danville, Virginia along the North Carolina border. (2) (757) 222 … - We spend more money on advertising than anyone in our industry. -Major Metro Cities Nearby: Some of the major metro cities near this hotel include Greensboro, Charlotte, NC, Richmond, VA, Danville, VA. -Fee-Simple Interest in the 100-150 Key Choice Franchised Hotel in a Prime Location in Virginia -Choice Franchised Property with Steady Revenue of over $1.6 Million and Available at less than 3x Revenue - The Hotel is Offered Free Simple, Free and Unencumbered of Management with Value Added Opportunity to Improve Performance -Priced Well Below Replacement Costs and Offered Completely Renovated with Seller --PIP Complete and  Minimal PIP for New Owner -Excellent Location Primed for Success with Operational Upside for Hands-On Owner-Operator or Investor -A Combination of Solid Revenue Growth Strategies, Strong Operational Performance and Disciplined Cost Management can Increase Adjusted EBITDA -Financing Available for Qualified Buyer -TOP FRANCHISE FOR FIRST TIME BUYER OR SEASONED INVESTORS: Choice Hotels is one of the largest and most successful lodging franchisors in the world. We are hotel brokers with hotels for sale and motels for sale in New York, New … INVESTMENT SUMMARY Great deal for cash investors Closed 48-key formerly Knights Inn hotel located in Petersburg, Virginia, minutes from Richmond, VA Strategic location just off US 301 with easy access to I-95 Proximity to multiple local demand generators including Fort Lee and Virginia State University Market demand study shows the renovation project is viable New owner can convert the property to a nationally recognized economy franchise and add long-term franchise agreements Year-one revenue projections post renovation expected to be at around $500,000 to $650,000 Stabilized room rates on an annualized basis could be set around $45-50 Asking Price: $600,000 | Keys: 48 | Stories: 2 | Corridor: Exterior | Location: Petersburg, Virginia Value-add investment opportunity with top line potential for hands-on owner operator in occupancy, ADR and RevPAR post renovation Local Development - New Richmond-based pharma startup with $350M in funding eyes facility in Petersburg | Petersburg’s Brown’s Island’: Developer planning park along city’s riverfront PROPERTY SUMMARY 622 E Wythe St, Petersburg, VA 23803 No of Rooms 48 (24 rooms renovated and 24 left) No Stories 2 Year Built 1987 Corridors: Exterior Sq Ft +/- 18,406 sq ft Lot Size +/- 0.9455 acres Zoning B-2 Property Type: Hotel/Motel Submarket Tri Cities Market Richmond VA CBSA Richmond, VA TRANSPORTATION Richmond Intl. Price: $7,000,000 Rooms: 61 More Info . More info, VOTED #8 BED AND BREAKFAST IN THE COUNTRY BY TRIP ADVISORElegant, historical 106-year old home, serving as a Bed and Breakfast in the Blue Ridge Mountains for sale, listed on the National Register of Historic places and Virginia landmarks register in 1912. The city is just 21 miles (34 km) south of the historic commonwealth (state) capital city of Richmond. LOW COMPETITION The Hotel is the only nationally-franchised hotel within 12 miles of Onley Virginia. Hotels Hotels-Apartment Resorts. Ideal opportunity for first-time buyers to gain immediate recognition and visibility with nationwide branding and advertising from day one of operations and ongoing support. Rodeway Inn Arkansas $1600000 79 Rooms. Approximately 15 of the rooms are leased on an extended stay basis and are occupied. Upon entering guests are welcomed by twin sparkling chandeliers, 12- foot ceilings and a graceful staircase with a Romeo balcony overlooking the foyer. Hospitality Properties for Sale United Country Real Estate’s Hospitality website features property for sale to clients interested in the sale or purchase of bed-and-breakfast properties, hotels and motels, and resort property across the nation and internationally. since 1997. This turnkey 40 room motel is in superb condition and is a well run motel that is easy to manage. Hotels to buy include select and full service hotels and bank owned hotels. - We utilize a worldwide network to advertise your business. This is a remarkable buy. - We have thousands of buyers! We feature historic bed & breakfast inns, lodges and country inns for sale … FREE OF MANAGEMENT Property offered unencumbered of existing management with long-term franchise agreements available from Choice Hotels. LOW TAXES Accomack County offers one of the lowest tax bases in Virginia. Strong financials. Hotels for Sale. Accomack County is home to NASA’s Wallops Flight Facility (WFF) and the Mid-Atlantic Regional Spaceport (MARS). - Let TRANSWORLD do the work for you. - We establish the right selling price. Whether you want to market your property to the largest possible online audience or search for the perfect property to start your Hotel business, Hotels For Sale … Bed and Breakfast is a must see with luxurious linens, marble fireplaces, two- person showers, claw foot tubs, luxury pillow top mattresses and majestic views. https://www.dialmforhotels.com/property/choice-hotel-for-sale-in-virginia/ 100-150 key Choice Hotel for Sale in Virginia Less than 3X Revenue | $1.6 MM+ Revenue Call + 1 919 428 9840 for Hotel Loans. ft. The Motel is close to Petersburg National Battlefield, Pocahontas State Park, Virginia State University, Pamplin Historical Park, The National Museum of the Civil War Soldier, Centre Hill Mansion, Pocahontas Island Black History Museum, Virginia Motorsports Park, Southpark Mall, The Oak Antique Mall, Swaders Sports Park, Dogwood Trace Golf Course, Virginia Sports Complex, Fort Lee and Richmond International Airport (RIC). It is located on the Appomattox River (a tributary of the longer larger James River flowing east to meet the southern mouth of the Chesapeake Bay at the Hampton Roads harbor and the Atlantic Ocean). CONTACT: For access to more exclusive listings, confidential off-market hotels for sale, hotel mortgage notes for sale, and hotel loans, call (919) 428-9840. Upgrading the Hotel to a midscale brand is also a viable option. TOP FRANCHISE FOR A FIRST TIME BUYER OR SEASONED INVESTORS Choice Hotels is one of the largest and most successful lodging franchisors in the world with more than 7,000 hotels, in more than 40 countries and territories. Priced to sell, nice opportunity to acquire a formerly Knights Inn, independent 48-key, 2 story motel in the heart of Petersburg located at 622 E Wythe St, Petersburg, VA 23803. - Our goal is always to obtain the best deal for each client. This 79 key Rodeway Inn has 2 stories and is on 1.51 acres. Approximately 15 of the rooms are leased on an extended stay basis and are occupied. Atlanta, GA. 327 Dahlonega Rd, Suite 202 B Cumming GA 30040 View … TOP INVESTMENT HIGHLIGHTS -LOCATION Convenient I-81 location in the State of Virginia close to North Carolina on the East Coast. Lynchburg Grand Hotel. Our staff is the most experienced in the industry. - The Chesapeake Bay Bridge-Tunnel places the community within easy reach of The Port of Virginia in Hampton Roads. A special place on the Delmarva (Delaware, Maryland, and Virginia ) Peninsula that is a favorite destination of the Philadelphia, New York City, Baltimore and DC markets to the north and the Norfolk, VA metro markets from the south. The 23.1 square-mile city is one of 13 jurisdictions that comprise the Richmond-Petersburg Metropolitan Statistical Area. As of the 2010 census, the population was 32,420. Buyers must independently verify this information for accuracy or completeness. CALL + 1 919 428 9840 for Hotel Loans. - We create competition for your business. With Times Commercial Realty is a hotel brokerage that specializes in the sales and purchase of hospitality properties. This business rivals Virginia luxury hotels in amenities and comfort. Your Search Alert has been saved to My Account. -MOTIVATED SELLER Located midway between New York and Florida, Virginia is in the Mid-Atlantic region. Formerly Innkeeper, Astoria Hotel Danville West, Virginia for Sale. For Hotel Loans, call Madhur Gupta at 919-428-9840. https://www.dialmforhotels.com/property/rodeway-inn-hotel-for-sale-onley-virginia/ HOTEL FINANCING Benefit from amazingly low below market interest rates and low down payment of the SBA 504 Loan program. Learn More. *Rates available as of August 2020. - Accomack County Airport, Kellam Field, and Tangier Island Airport provide general aviation service. The Commonwealth is bordered by Washington, D.C., the nation's capital, and Maryland to the north; the Atlantic Ocean to the east; North Carolina and Tennessee to the south; and West Virginia and Kentucky to the west. Information in this listing has been provided by reliable third parties, but is not guaranteed and is subject to change without notice. Call + 1 919 428 9840 for Hotel Loans. See the latest prices. TRANSWORLD specializes in selling businesses. *Note that there is a pool and various breakfast options within walking distance, and the new owner has the option to reopen the Rodeway Inn pool and provide free breakfast. See Listing: RV Park/Marina/ Hotel … Well known motel for sale in Central Virginia. Hotels For Sale in Virginia VA If you want to buy a hotel in Virginia, browse Sunbelt’s extensive database of listings. - Norfolk International Airport, a major airport serving convenient daily access to hundreds of cities worldwide, is just over 40 miles from the Eastern Shore. Choice currently franchises more than 7,000 hotels, representing nearly 570,000 rooms, in more than 40 countries and territories. An 18 unit motel that looks … Whether you are looking to buy a Virginia Hotel and Motel for sale or sell your Virginia Hotel and Motel, BizQuest is the Internet's leading Virginia Hotel and Motel for sale marketplace. This means faster results for you. Country Inn & Suites Jacksonville Jacksonville, FL. 2 story, fully renovated, 100-150 key Choice hotel in Virginia offered at $4,750,000. This 9,574 sq. Price: $2,375,000. It serves as a bypass to congested Interstate 95. in 26 states. Days Inn. Contact an agent today. The county assessed value of the land and building has been higher than the asking price in recent years. In fact, Sunbelt currently has listings for 0 hotels for sale in Virginia … The property is great for both vacationing tourists and business travelers alike in the heart of regional demand generators on Virginia’s Eastern Shore, just a short distance from the Ker Place Museum, Parkers Marsh Natural Area Preserve, Eastern Shore Art League Gallery and the Chatham Vineyards & Winery. The city's unique industrial past and its location as a transportation hub combined to create wealth for Virginia and the Middle Atlantic and Upper South regions of the nation. Current owners converted the hotel to a Rodeway Inn and temporarily closed the pool and breakfast to increase the bottom line. Utah Motels, Hotels, and B&B's For Sale : Vermont Motels, Hotels, and B&B's For Sale: Vermont: $525,000: 15 Units: Bert Hugle: 802-362-1176: 6-26-16: Virginia Motels, Hotels, and B&B's For Sale: Virginia Updated! To ensure that you receive email alerts to your inbox, add searchagent@bizquest.com to your address book. We focus on your specific industry to find the right buyer. ABSENTEE OWNER Absentee ownership offers scope for higher net income by an owner operator. CONTACT: For access to more listed and off-market hotels for sale, exclusive listings, confidential hotel sales, and hotel loans, call (919) 428-9840. Finance a Hotel Creativity, Dedication, and Results Virginia Beach Resort Hotel and Conference Center. The Eastern Shore region is bounded on the north by the Maryland state line, on the east by the Atlantic Ocean, and on the south and west by the Chesapeake Bay. … The Motel is conveniently located right off of US 301 with easy access to I-95 in Petersburg, Virginia, just 20 miles away from Richmond, the capital of Virginia. This search was saved previously and can be found in My Saved Searches. Virginia Motels for Sale - Find A Great Selection of Motel for Sale Listings on BusinessBroker.net. * Maintains an inventory of at least 2,000+ current and exclusive business listings SBA DEBT RELIEF | Take advantage of the CARES Act: Close by Sep 27, 2020 and SBA will pay 6 months of principal and interest. Its population was 45,553 as of 2010. 601 Main St. Lynchburg VA, 24504 . Strong financials. MOTIVATED SELLER The Hotel is priced to sell below replacement costs. - North-south freight rail service is provided by Eastern Shore Railroad. Sorry, but we do not currently have any Motels For Sale In Hampton Virginia. U.S. Route 13 (US 13) is a north–south U.S. highway and a major East Coast thoroughfare, connecting the Port of Hampton Roads with major metropolitan centers to the north. Fully renovated exterior corridor asset with minimal PIP for new owner. Leisure Real Estate Advisors has hotel and motel investiment properties for sale starting at $500,000 and up. Links View Current Listings *CONFIDENTIAL OFFERING. Location: VA . Hotels… Lakeview Motel, Well Below Appraisal in Missouri For Sale For Only $425,000! Motels For Sale in Virginia VA If you want to buy a motel in Virginia, browse Sunbelt’s extensive database of listings. We provide services that include Hotel Brokerage, Hotel Financing, Hotel Equity Raise, Hospitality Consulting and Hotel Value Enhancement Advisory. Do not call or visit the property without an appointment. The 70-mile-long (110 km) region is part of the Delmarva Peninsula and is separated from the rest of Virginia by the Chesapeake Bay. There are 25 rooms plus the manager's apartment. -HIGH RETURN ON INVESTMENT Great cash flow property with steady upside revenue potential and high returns. Hotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. Whether you are looking to buy a Virginia Hotel and Motel for sale or sell your Virginia Hotel and Motel, BizQuest is the Internet's leading Virginia Hotel and Motel for sale … WHY SHOULD I USE TRANSWORLD? Independent Motel in Tourist Lake Area for Sale For Only $999,999. - We have a huge internal marketplace for business sales. First-time buyers can gain immediate recognition and visibility with nationwide branding and advertising from day one of operations, and ongoing support. Let us help you each step of the way, By clicking the button, you agree to BizQuest's, By clicking the button, you agree to BizQuest’s, Virginia Entertainment and Leisure Businesses for Sale, Transworld Business Advisors CEO, Rupesh Bharad, Less than 3X Revenue | $1.6 MM+ Revenue | Choice Hotel for Sale VA, Formerly Comfort Inn Hotel For Sale in Onley Virginia, Voted #8 Bed and Breakfast in the Country- Historic Trinkle Mansion, Accomack County VA Hotels and Motels Businesses for Sale, Danville city County VA Hotels and Motels Businesses for Sale, Petersburg city County VA Hotels and Motels Businesses for Sale, Wythe County VA Hotels and Motels Businesses for Sale, Greene County VA Hotels and Motels Businesses for Sale, Richmond city County VA Hotels and Motels Businesses for Sale, Virginia Food and Beverage Businesses for Sale, Virginia Other Food and Beverage Businesses for Sale, Virginia Business Services Businesses for Sale, Fairfax County Virginia Businesses for Sale, Virginia Other Business Services Businesses for Sale, Virginia Other Retail Stores Businesses for Sale, Virginia Auto and Automotive Businesses for Sale. Welcome to the Chincoteague National Wildlife Refuge and Assateague Island National Seashore on Virginia's eastern shore with 37 miles of unspoiled beaches, the most in Eastern US. Refine your search by location, industry or asking price using the filters below. EASTERN SHORE OF VIRGINIA The Eastern Shore of Virginia consists of two counties (Accomack and Northampton) on the Atlantic coast detached from the mainland of the Commonwealth of Virginia in the United States. In fact, Sunbelt currently has listings for 0 motels for sale in Virginia (VA). From single-tenant retail to multi-tenant strip malls, find the right Virginia retail property on CityFeet. Many have owned businesses and can relate to your specific needs. Additional 3 months payment deferment possible. Well known motel for sale in Central Virginia. Please enter your email address to reset your password. Please browse our site for Motels For Sale near Hampton. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. 17,470 single family homes for sale in Virginia. A motel is often a stripped down, no bells or whistles version of a hotel designed specifically for motorists who just need to get some rest. CHB. * Established for over 40 years Renovation Details: All locks replaced with RFID, office, laundry, maintenance shop, electrical panel, water heaters- rooms replaced with new entry locks and 3 basic keys of 15, replaced all carpets, replaced 60 new A/C units, new washer/dryer (2 of each), new phone system, repaired all wax rings mostly all faucets in the hotel, repaired stucco, walkway ceilings, stairwells, painted entrance outside, fixed and replaced soffit, landscaping, installed new routers for WIFI, replaced exterior lights with LEDs, new signage, new linen, towels, bedspreads, new sheetrock, new vending machine, new pumps for sewage pumps, added furniture for all rooms, franchise fee for Rodeway Inn contract. LoopNet's large selection of currently active Lodging establishments include everything Well maintained and update boutique hotel in Virginia … Virginia Hotels And Motels For Sale On Loopnet.Com Find Virginia Hotels and Motels for sale on LoopNet.com. Price estimates were calculated on October 17, 2020. The Motel offers value added opportunity upon converting to a  nationally recognized economy franchise motel. Hampton Hotels And Motels For Sale … Buyers must independently verify this information for accuracy or completeness. NEW LISTING Property Overview: The Days Inn is ideally located off Interstate 81 in Virginia and situated within close proximity to … Previously Innkeeper Hotel, Astoria Extended Stay Hotel Danville West (117 Rooms) offered for sale at 3.09 RRM and 15.6% … - A four-lane primary highway traversing the peninsula provides access to major interstates, including I-64, I-264, I-464, I-564, and I-664 within 25 miles or less. CONTACT: For access to more listed and off-market hotels for sale, exclusive listings, confidential hotel sales, and hotel loans, call (919) 428-9840. The hotel has a fully completed property improvement plan and minimal PIP for new owner. Zillow has 35,432 homes for sale in Virginia. Independent Motel in Tourist Lake Area for Sale For Only $999,999. LOCATION Perfectly situated off U.S. 13, a major East Coast high-traffic transient and commercial corridor connecting the Port of Hampton Roads with major metropolitan centers to the north. Do not call or visit the property without an appointment. OPERATIONAL UPSIDE A combination of solid revenue growth strategies, strong operational performance and disciplined cost management can result in increase in adjusted EBITDA. Established in the 1970's with current Owner at the helm since 1996. Sunbelt has relationships with a number of Virginia small motels for sale and for lease that are sure to match your criteria. Property tax for the Hotel is less than $13,000. View a full database list of hotels for sale with Avison Young. It is also notable for being the main thoroughfare for the Delmarva Peninsula and carrying the Chesapeake Bay Bridge–Tunnel to it in Virginia. Located along the eastern seaboard, approximately halfway between New York and Florida, Petersburg is situated at the juncture of Interstates 95 and 85, just 23 miles south of Virginia's state capital of Richmond. Sunbelt has relationships with a number of Virginia small hotels for sale and for lease that are sure to match your criteria. It is easy to...19 to convert from Motel 6 to Rodeway Inn over $350,000 in improvements. *CONFIDENTIAL OFFERING. The Country Inn & Suites is a 61-Unit, Newly-Renovated Hotel in a Strong Corporate, Military and Leisure Market. The Sunrise Inn Motel is currently closed. Your information request has been sent regarding: You have been logged in, please wait while we refresh your search experience. Information in this listing has been provided by reliable third parties, but is not guaranteed and is subject to change without notice. 80 Rooms , 2-Story, Exterior Corridors, Economy, Choice Franchised Hotel built in 1990 | Acres ±2.94 | Previously franchised as: Comfort Inn, Quality Inn, Days Inn. The hotel has a fully completed property improvement plan and minimal PIP for new owner.TOP INVESTMENT HIGHLIGHTS-LOCATION Convenient I-81 location in the State of Virginia close to North Carolina on the East Coast.-Major Metro Cities Nearby: Some of the major metro cities near this hotel include Greensboro, Charlotte, NC, More info, For Hotel Loans, call Madhur Gupta at 919-428-9840. https://www.dialmforhotels.com/property/rodeway-inn-hotel-for-sale-onley-virginia/HOTEL FINANCING Benefit from amazingly low below market interest rates and low down payment of the SBA 504 Loan program. 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