Best Western Historic District


Address :
351 York Street
Williamsburg, VA 24361

  •  Centrally located to all of Williamsburg’s attractions and demand generators
  •  Extensively renovated in 2017 and with ongoing updates – limited reinvestment required for a new owner
  •  Opportunity to improve performance and operating margins with hands-on management and increased marketing
  •  Significant recovery in 2021, with July revenues surpassing 2018 and 2019 results
  •  Best Western is expected to grant a standard license agreement upon the completion of a Design Review, which we estimate to require limited capital expenditure for a new owner
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  •  Williamsburg is part of the Greater Hampton Roads Statistical Area, home to over 1.7 million people
  •  Close to many Demand Generators including:
    •  0.5 Miles to Colonial Williamsburg
    •  1.2 Miles to College of William & Mary
    •  2.5 Miles to Golden Horseshoe Golf Club
    •  4.4 Miles to Water Country USA Water Park
    •  4.7 Milles to Busch Gardens Williamsburg
    •  7.0 Miles to Warhill Sports Complex
  •  140 Guestrooms
  •  Restaurant On-Site (currently leased)
  •  Breakfast Area
  •  Business Desk
  •  Fitness Center
  •  Indoor Pool
  •  Guest Laundry
  •  2 & 3 Stories
  •  Interior Corridors
  •  Brick Exterior
  •  Pitched Roof with Asphalt Shingles
  •  Built 1975
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T-12Mos 7/21
Room Revenue
Total Revenue
Net Operating Income
 NOI is EBITDA before Management Fees & Non-Operating Expenses such as capital expenditures  Property was closed for during several periods during 2020
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!