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9360 George Collins Pky
New Market, VA 22844
Days Inn New Market Battlefield · Hospitality Property For Sale
·
80 Rooms

PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 80 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1989 |
| Lot Size | 4.17 AC | Corridor | Exterior |
| Building Size | 32,500 SF | ||
| Zoning | B1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.17 AC |
| Building Size | 32,500 SF |
| No. Rooms | 80 |
| No. Stories | 2 |
| Year Built | 1989 |
| Corridor | Exterior |
| Zoning | B1 |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
ABOUT 9360 GEORGE COLLINS PKY , NEW MARKET, VA 22844
The Days Inn New Market Battlefield, situated on a 4.17 acre lot, is an 80 room, 2-story, exterior-corridor hotel built in 1989. The subject property provides an excellent investment opportunity to own a well-respected brand affiliate of Wyndham Hotels, the worlds largest hotel company. Revenue and NOI growth has been impressive, with 23% and 149% increases respectively from 2015 to 2017. Trailing-12 STR report shows significant progress made in occupancy and adr penetration, however both still are below fair-share, representing a new-owner opportunity. The hotel, nestled in the heart of the beautiful Shenandoah Valley, is ideally located right off of I-81, exit 264, with excellent highway visibility. The Days Inn New Market Battlefield is the perfect spot for those in search of a memorable vacation or because of it’s location along the heavily traveled I-81 corridor, an overnight stay for those making their way up and down the state. The hotel is located just minutes from historic Civil War battlefields, numerous caverns to explore, the charm of New Market’s historic downtown, Bryce Mountain Ski Resort and a multitude of other outdoor activities. Situated within 30 miles of two local/regional airports, the historic town of New Market is a perfect leisure destination for guests looking to explore the beautiful Shenandoah Valley. Hotel amenities include outdoor pool, business center, free breakfast, free wi-fi and laundry facilities.
PROPERTY TAXES
| Parcel Number | 103-A-069A | Improvements Assessment | $1,383,000 |
| Land Assessment | $417,000 | Total Assessment | $1,800,000 |
PROPERTY TAXES
Listing ID: 14030071
Date on Market: 10/10/2018
Last Updated:
Address: 9360 George Collins Pky, New Market, VA 22844
The Hospitality Property at 9360 George Collins Pky, New Market, VA 22844 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
