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- LoopNet Team
600 Bypass Rd
Williamsburg, VA 23185
La Quinta Inn & Suites by Wyndham · Hospitality Property For Sale
·
89,495 SF
INVESTMENT HIGHLIGHTS
- Priced Substantially below replacement costs at $53,333/key, not including apartments.
- Prime Location near existing and planned attractions.
- Completely renovated in 2015, minimal change of ownership PIP anticipated
- Excellent owner/operator opportunity.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built/Renovated | 1982/2018 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.68 AC | Parking Ratio | 1.56/1,000 SF |
| Building Size | 89,495 SF | Corridor | Interior |
| Zoning | GENERAL BU | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.68 AC |
| Building Size | 89,495 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1982/2018 |
| Tenancy | Single |
| Parking Ratio | 1.56/1,000 SF |
| Corridor | Interior |
| Zoning | GENERAL BU |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 600 BYPASS RD , WILLIAMSBURG, VA 23185
This 5-story building constructed in 1982 has been completely renovated including all major electrical and plumbing systems in 2007 and a complete renovation of all rooms, public space, exterior facade and parking areas in 2015. The property is exceptionally maintained and includes a basement walk-out level and two apartments on the 5th floor. Williamsburg is part of the Greater Hampton Roads Metropolitan Statistical Area, which is home to over 1.7 million people. • Centrally located between Richmond, Virginia’s State Capitol, and Virginia Beach • Proximate to the campus of the College of William & Mary • Close to Regional Demand Generators, Including…Colonial Williamsburg, Busch Gardens, Water Country USA, Williamsburg Premium Outlets, Williamsburg Indoor Sports Complex, to mention a few.
PROPERTY TAXES
| Parcel Number | D15D-3693-1721 | Improvements Assessment | $6,672,200 |
| Land Assessment | $1,179,900 | Total Assessment | $7,852,100 |
PROPERTY TAXES
