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- LoopNet Team
2221 Euclid Ave
Bristol, VA 24201
Travel Inn · Hospitality Property For Sale
·
32,659 SF
PROPERTY FACTS
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
ABOUT 2221 EUCLID AVE , BRISTOL, VA 24201
RODEWAY INN by CHOICE HOTELS INTERNATIONAL BRISTOL VA This property is a 78 room 2-story exterior corridor property located on 2221 Euclid Ave in Bristol, VA. The property was recently renovated in 2018 and is in a very popular tourist market in the Southeast U.S. The property has a fascinating location being the first exit (EXIT 1) in Virginia off of Interstate 81. This property was opened April 25, 2018 MAY 2018 GROSS: $52,578.8 (Only 47 rooms were operational) JUNE 2018 GROSS: $70,388.07 (entire motel became operational on the 11th of the month all 78 rooms) JULY 2018 GROSS: $73,754.93 AUG 2018 GROSS: estimated Bristol Motor Speedway Race Month ($100,000+) The hotel has a huge restaurant which is currently vacant but used as storage, and could be used for additional rental income. The property is located near 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.
PROPERTY TAXES
| Parcel Number | 333414 | Improvements Assessment | $1,118,700 |
| Land Assessment | $281,300 | Total Assessment | $1,400,000 |
PROPERTY TAXES
