5558 Lee Hwy | Atkins, VA 24311
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5558 Lee Hwy
Atkins, VA 24311
Comfort Inn Atkins-Marion I-81 · Hospitality Property For Sale
·
21,074 sq ft
INVESTMENT HIGHLIGHTS
- Fee Simple Interest in the 50-Unit, Interior Corridor, Limited-Service Comfort Inn
- Choice Hotels has Verbally Agreed to Allow a Prospective Purchaser to Continue Operating Under the Comfort Inn Franchise for a 10-Year Term*
- Nearby major markets including Greensboro and Charlotte, NC, Bristol/Kingsport, TN and Roanoke, VA
- Desirable, Upper-Midscale, Choice Hotels Brand Affiliation with Comfort Inn
- 1.83-Acre Site with access to Interstate 81 (28,723 VPD) and Lee Highway (2,435 VPD)
- Only Franchised Hotel in Atkins, Affording the Operator with the Opportunity to Maintain a High ADR due to Limited Competition
PROPERTY FACTS
| Property Type | Hospitality | Property Size | 21,074 sq ft |
| Property Subtype | Hotel | No. Floors | 2 |
| Costar Property Class | C | Year Built | 1995 |
| Total Plot Size | 1.83 ac | Corridor | Interior |
| Use Class | C - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | C |
| Total Plot Size | 1.83 ac |
| Property Size | 21,074 sq ft |
| No. Floors | 2 |
| Year Built | 1995 |
| Corridor | Interior |
| Use Class | C - Commercial |
AMENITIES
- Business Centre
- Fitness Centre
PROPERTY TAXES
| Parcel Number | 48A1-3B-4 | Improvements Assessment | £1,347,980 |
| Land Assessment | £136,756 | Total Assessment | £1,484,736 |
PROPERTY TAXES
Parcel Number
48A1-3B-4
Land Assessment
£136,756
Improvements Assessment
£1,347,980
Total Assessment
£1,484,736
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