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Comfort Inn & Suites Orange - Montpelier 334 Caroline St 58 Room Hotel Orange, VA 22960 For Sale
Investment Highlights
- Fee Simple Interest in the 58-Room, Three-Story, Interior-Corridor Hotel
- Comprehensive Property Improvement Plan Finalized at the End of Q1 2025
- Significant Upside Potential to Aggressively Push Occupancy and Recapture Fair Market Share
- Robust Local Economic Growth Anchored by L3Harris Technologies' Major Manufacturing Expansion
Executive Summary
Colliers, as exclusive representative of the seller, is pleased to present to qualified investors the Comfort Inn & Suites Orange - Montpelier, located at 334 Caroline St Orange, VA 22960. The subject property is a 58-room, three-story, interior-corridor, limited-service hotel constructed in 2011 and situated on approximately 2.07 acres with direct visibility and access to U.S. Route 15 (approximately 16,000 vehicles per day). The asset is offered fee simple, unencumbered by debt, and free of thirdparty management.
Property Facts
| Sale Type | Investment | No. Rooms | 58 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2011 |
| Building Class | B | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 2.07 AC | Corridor | Interior |
| Building Size | 42,416 SF | ||
| Zoning | GC GENERAL | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.07 AC |
| Building Size | 42,416 SF |
| No. Rooms | 58 |
| No. Stories | 3 |
| Year Built | 2011 |
| Parking Ratio | 1.26/1,000 SF |
| Corridor | Interior |
| Zoning | GC GENERAL |
Amenities
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $143.00 | - |
| Guest Room | 56 | $131.00 | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 044-00-00-00-0033-G | Improvements Assessment | $2,690,300 |
| Land Assessment | $450,500 | Total Assessment | $3,140,800 |
Property Taxes
Parcel Number
044-00-00-00-0033-G
Land Assessment
$450,500
Improvements Assessment
$2,690,300
Total Assessment
$3,140,800
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