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Investment Highlights

  • prime interstate location directly off I-81 & I-77 at Exit 73
  • high-traffic route for transient guests, truckers and tourists makes it East Coast's major trucking and travel corridors

Executive Summary

America's Best Value Inn, a well-established limited-service motel offering excellent interstate visibility and consistent cash flow in Wytheville, Virginia. Located at 705 Chapman Road directly off I-81 & I-77, 0.75 mile from exit 73, this 41-room property with Managers apartment provides an ideal opportunity for owner-operators or investors seeking a value-oriented hospitality asset in a high-traffic travel corridor.
Easy access for truckers, tourists, and regional travelers.
Exterior corridor design for easy access
Strong historical occupancy and RevPAR driven by interstate traffic
Consistent revenue from transient guests, with upside potential through marketing or minor upgrades
Brand affiliation (America's Best Value Inn by Sonesta) for national recognition and reservations.
Opportunity to maintain branding or re-flag.
Growth via online booking optimization, local marketing, or adding amenities.
Stable market in Southwest Virginia with tourism and business travel.
Confidential financials and detailed due diligence materials available upon execution of NDA.
Contact listing broker/agent for showings or additional information.
Do not disturb on-site staff or management.

Property Facts

Price $1,500,000
Price Per Room $36,585
Sale Type Investment
Cap Rate 12%
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.29 AC
Building Size 17,763 SF
No. Rooms 41
No. Stories 2
Year Built/Renovated 1978/2024
Parking Ratio 1.12/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning B

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 41 $70.00 -

Property Taxes

Property Taxes

Parcel Number
041A-001-0000-0138A
Land Assessment
$6,000
Improvements Assessment
$0
Total Assessment
$6,000
  • Listing ID: 39748411

  • Date on Market: 3/12/2026

  • Last Updated:

  • Address: 705 Chapman Rd, Wytheville, VA 24382

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