Holiday Inn Express


Price:
$5,200,000

[Currently Under Contract]

Address :
165 Town Run Ln
Stephens City, VA 22655


  •  Premier, Market-Leading Franchise Affiliation
  •  3-Story, Interior-Corridor Design
  •  Positive Trend in Revenue and Occupancy
  •  Excellent Access and Visibility from I-81
  •  Concrete Block and Plank Construction
  •  Priced to Sell Well Below Replacement Cost
  •  Well-Located to Regional Demand Generators
    View Map    View Aerial
  •  Just off Interstate 81, Stephens City is located in Frederick County in the northern Shenandoah Valley.
  •  Stephens City/Winchester serves as the cultural, retail, educational and commercial center for northwestern Virginia and portions of West Virginia and Maryland.
  •  Close to Regional Demand Generators, Including...
    •  4.7 Miles to Lord Fairfax Community College-Middletown
    •  5.6 Miles to Cedar Creek & Belle Grove National Historic Park
    •  7.6 Miles to Shenandoah University
    •  8.9 Miles to Old Town Winchester
    •  10 Miles to Museum of the Shenandoah Valley
    •  18.5 Miles to Shenandoah National Park (Front Royal Entrance)
  •  71 Rooms
  •  Continental Breakfast Area
  •  Business Center
  •  Guest Laundry
  •  Exercise Room
  •  Seasonal Outdoor Pool
  •  3 Stories
  •  Interior Corridors
  •  Concrete Block and Plank Structure
  •  Dryvit and Brick Facade
  •  Flat, Built-Up Roof
  •  Asphalt Parking Lot
  •  Built 1995
Financials
2014
2015
2016
T-12Mos 11/17
Occupancy
75.17%
69.85%
71.83%
71.47%
Average Daily Rate
$73.79
$77.55
$78.66
$83.47
Room Revenue
$1,437,444
$1,403,757
$1,468,360
$1,546,079
Net Operating Income
$450,680
$438,480
$444,823
N/A
Net operating income for 2015, 2016, and T-12 2017 includes an adjustment for repairs and maintenance due to one-time expenses in those years. Net operating income does not include reserve for replacement or management fees.
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!