1093 Ole Berry Rd | Abingdon, VA 24210
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1093 Ole Berry Rd
Abingdon, VA 24210
Comfort Suites Abingdon I-81 · Hospitality Property For Sale
·
42,896 SF

INVESTMENT HIGHLIGHTS
- Passage of November 3 Local Ballot Referendum Will Bring Casino Gaming 15 Miles South of Abingdon. Significant Area Demand Driver.
- Property in Excellent Condition with Completion of Move to Modern PIP. Little to No Change of Ownership PIP ANTICIPATED.
- Ideally located within one-Half Mile of I-81 and Multiple Outdoor, Cultural, Culinary, and Shopping Demand Generators.
- September/October Occupancies Both Exceeded Previous Year. October Occupancy = 76%.
- Tremendous Upside Opportunity to Acquire a Well-Located and Beautifully Maintained Asset.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2005/2019 |
| Building Class | B | Parking Ratio | 1.59/1,000 SF |
| Lot Size | 2.00 AC | Corridor | Interior |
| Building Size | 42,896 SF | ||
| Zoning | ABINGDON | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.00 AC |
| Building Size | 42,896 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2005/2019 |
| Parking Ratio | 1.59/1,000 SF |
| Corridor | Interior |
| Zoning | ABINGDON |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Number | 104C212-5 | Improvements Assessment | $5,444,100 |
| Land Assessment | $653,400 | Total Assessment | $6,097,500 |
PROPERTY TAXES
Parcel Number
104C212-5
Land Assessment
$653,400
Improvements Assessment
$5,444,100
Total Assessment
$6,097,500
Listing ID: 20663055
Date on Market: 8/17/2020
Last Updated:
Address: 1093 Ole Berry Rd, Abingdon, VA 24210
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