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Super 8 Norton 425 Wharton Ln NE 56 Room Hotel Norton, VA 24273 $2,000,000 ($35,714/Room)
INVESTMENT HIGHLIGHTS
- Strong national brand recognition under Wyndham’s Super 8 flag
- Located off US-23 and US-58, near recreational and historical attractions
- Positioned in a high-demand lodging market with consistent occupancy trends
- Turnkey, cash-flowing property with on-site management
- Upside potential through revenue optimization and operational efficiencies
EXECUTIVE SUMMARY
Discover the Super 8 Norton, a well-maintained 56-room hotel offering strong brand recognition and consistent cash flow in the heart of Southwest Virginia. Positioned near major highways and local attractions, this turnkey investment delivers immediate revenue with significant upside potential.
PROPERTY FACTS
| Price | $2,000,000 | Building Size | 21,824 SF |
| Price Per Room | $35,714 | No. Rooms | 56 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1989 |
| Property Subtype | Hotel | Parking Ratio | 0.89/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.92 AC | Opportunity Zone |
Yes
|
| Zoning | B-3 - Hospitality | ||
| Price | $2,000,000 |
| Price Per Room | $35,714 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.92 AC |
| Building Size | 21,824 SF |
| No. Rooms | 56 |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 0.89/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | B-3 - Hospitality |
AMENITIES
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 56 | $69.00 | - |
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PROPERTY TAXES
| Parcel Number | 467-A-1-6-9 | Improvements Assessment | $1,179,900 |
| Land Assessment | $296,500 | Total Assessment | $1,476,400 |
PROPERTY TAXES
Parcel Number
467-A-1-6-9
Land Assessment
$296,500
Improvements Assessment
$1,179,900
Total Assessment
$1,476,400
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Super 8 Norton | 425 Wharton Ln NE
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