Best Western

Price:
$6,400,000

Address :
791 Madison Rd.
Culpeper, VA 22701

Consistent operating performance, both in terms of revenues and profitabilit
Consistent operating performance, both in terms of revenues and profitability Premier brand located at primary lodging interchange in a solid, central Virginia market
Well-Built hotel in good condition
Opportunity for further improvements in operating margins for an owner/operator
Room for growth in revenues with completion of renovations

The Town of Culpeper, county seat of Culpeper County, has experienced a 12.5% growth rate since the 2010 Census.
US Routes 3 and 15 run through the Town of Culpeper and US 29 runs at the town limits
Close to Regional Demand Generators:

Commonwealth Park
National Audiovisual Conservation Center
Equinix (NAP of the Capital Region)
Agri-Tourism to Regional Vineyards, Equine Training Facilities, and Distilleries
Home Depot, Kohl’s and Red Bull Distribution Centers

159 Guest Rooms
2 Stories, Exterior Corridor
4 Buildings
Concrete Construction
Masonry Façade
Flat, Rubber Membrane Roof
Asphalt Parking Lot
Built in Stages: 1967— 79 Rooms and Public Area, 1982— 40, Rooms 1985— 40 Rooms
Pepper’s Restaurant (Leased)
Meeting Room (250 Person Capacity)
Business Center, Outdoor Pool, Recreational Courtyard
Wireless Internet
Guest Laundry
Elevator

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
	2019	2020	2021	2022	T-12Mos 2/23
Occupancy	44.85%	30.12%	35.71%	38.44%	37.74%
Average Daily Rate	$81.99	$74.58	$84.83	$93.50	$94.65
Room Revenue	$2,134,262	$1,307,292	$1,758,256	$2,086,163	$2,073,327
Net Operating Income	$1,409,544	$1,175,199	$1,556,105	$1,775,322	N/A

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!

Price:
$6,400,000

Address :
791 Madison Rd.
Culpeper, VA 22701

Quick Links

Our Regional Offices

Price: $6,400,000

Address : 791 Madison Rd. Culpeper, VA 22701

Quick Links

Our Regional Offices

Price:
$6,400,000

Address :
791 Madison Rd.
Culpeper, VA 22701