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Virginian Motel 8924 US-1 18 Room Hotel Richmond, VA 23237 $1,330,000 ($73,889/Room)
Investment Highlights
- Frontage on Route 1 and Perrymont Road
Executive Summary
8,702± SF motel on 1.76 Acres
Zoned CC allowing multifamily, daycare, hotel, car wash, gas station, self storage
Comprehensive Plan for Office/Light Industrial
Motel has: 18 keys, 1 - 1BR Apartment, 1-3BR Apartment
Frontage on Route 1 and Perrymont Road
Sale Price: $1,330,000
Zoned CC allowing multifamily, daycare, hotel, car wash, gas station, self storage
Comprehensive Plan for Office/Light Industrial
Motel has: 18 keys, 1 - 1BR Apartment, 1-3BR Apartment
Frontage on Route 1 and Perrymont Road
Sale Price: $1,330,000
Property Facts
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 18 | $59.00 | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 792-67-18-18-500-000 | Improvements Assessment | $482,800 |
| Land Assessment | $268,300 | Total Assessment | $751,100 |
Property Taxes
Parcel Number
792-67-18-18-500-000
Land Assessment
$268,300
Improvements Assessment
$482,800
Total Assessment
$751,100
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Virginian Motel | 8924 US-1
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