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5558 Lee Hwy
Atkins, VA 24311
Comfort Inn Atkins-Marion I-81 · Hospitality Property For Sale · 21,074 SF

INVESTMENT HIGHLIGHTS

  • Fee Simple Interest in the 50-Unit, Interior Corridor, Limited-Service Comfort Inn
  • Choice Hotels has Verbally Agreed to Allow a Prospective Purchaser to Continue Operating Under the Comfort Inn Franchise for a 10-Year Term*
  • Nearby major markets including Greensboro and Charlotte, NC, Bristol/Kingsport, TN and Roanoke, VA
  • Desirable, Upper-Midscale, Choice Hotels Brand Affiliation with Comfort Inn
  • 1.83-Acre Site with access to Interstate 81 (28,723 VPD) and Lee Highway (2,435 VPD)
  • Only Franchised Hotel in Atkins, Affording the Operator with the Opportunity to Maintain a High ADR due to Limited Competition

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.83 AC
Building Size 21,074 SF
No. Stories 2
Year Built 1995
Corridor Interior
Zoning C - Commercial

AMENITIES

  • Business Center
  • Fitness Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48A1-3B-4
Land Assessment
$183,000
Improvements Assessment
$1,803,800
Total Assessment
$1,986,800
  • Listing ID: 31903575

  • Date on Market: 5/23/2024

  • Last Updated:

  • Address: 5558 Lee Hwy, Atkins, VA 24311

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