2221 Euclid Ave
Bristol, VA 24201
Rodeway Inn Bristol VA · Hospitality Property For Sale · 78 Rooms

This property is a 78 room 2-story exterior corridor property located on 2221 Euclid Ave in Bristol, VA. The property was recently completed renovated in 2018 and is in a very popular tourist market in the Southeast U.S. The property is located in a amazing location just off interstate I-81 off of exit 1, the first exit in Virginia directly after the Virginia welcome center, and near the heart of Bristol, VA. The property is located right next to the Bristol Motor Speedway which hosts multiple annual recurring NASCAR races, Camping World Truck Series Circuit, among numerous other racing events. Also, many football games are also hosted at the Bristol Motor Speedway.Bristol is also recognized as the “Birthplace of Country Music” and there is the Birthplace of Country Music Museum located in Bristol as well. Other popular attractions include the Bristol Caverns, Downtown State Street, South Holston Dam, Steele Creek Park and other tours and local attractions. There is no PIP, and this hotel was just recently renovated in 2018 with a new parking lot, canopy, exterior lighting, room furniture, bedding, plumbing & water heaters, electrical panels, roof, carpet, interior paint, exterior paint, camera system, managers apartment, lobby, breakfast area, and more. The new owner has the opportunity to open the pool, and make use of the vacant 10,000 sq. ft restaurant located on site to increase gross revenue, or rental income. Currently it is being used as storage, but has had a good track record previously when it was open.