Holiday Inn Express & Suites


Price:
$7,350,000

Address :
1452 Richmond Rd
Williamsburg, VA 23185


  •  Confidentiality Agreement Required: SIGN HERE
  •  Solid operating results, both in terms of revenues and profitability, with further upside in operating margins for an owner/operator
  •  Centrally-located within the Eastern Virginia Resort Market near all major commercial and leisure demand generators
  •  Premium brand affiliation within the desirable select service segment of the hospitality industry
  •  Priced at a discount to replacement cost and at attractive income based metrics
    View Map    View Aerial
  •  Williamsburg is part of the Greater Hampton Roads Statistical Area, which is home to over 1.7 million people
  •  Centrally located between Richmond, Virginia’s State Capitol, and Virginia Beach
  •  Close to Regional Demand Generators:
    •  1.3 Miles to College of William & Mary
    •  1.8 Miles to Colonial Williamsburg
    •  3.5 Miles to Camp Peary
    •  4.4 Miles to Warhill Sports Complex
    •  4.4 Miles to Williamsburg Indoor Sports Complex (WISC)
    •  5 Miles to Busch Gardens Theme Park
    •  15 Miles to Yorktown Naval Weapons Station
  •  4 Stories
  •  Interior Corridors
  •  Wood Frame and Poured Concrete Construction
  •  Stucco and Brick Facade
  •  Pitched, Asphalt-Shingled Roof
  •  Asphalt Parking Lot – 100 Spaces
  •  Complimentary Breakfast Room (Seats 50)
  •  Sundry Shop
  •  Business Center
  •  Guest Laundry
  •  Fitness Center
  •  Indoor Heated Pool
  •  Wireless Internet
  •  Built 2003
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2016
2017
2018
Occupancy
63.38%
68.54%
66.86%
Average Daily Rate
$104.72
$100.96
$95.89
Room Revenue
$2,259,316
$2,348,998
$2,176,262
Net Operating Income
$603,259
$654,204
$584,448
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!