25297 Lankford Hwy | Onley, VA 23418
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
25297 Lankford Hwy
Onley, VA 23418
Rodeway Inn and Suites Onley Virginia · Hospitality Property For Sale
·
43,712 SF
INVESTMENT HIGHLIGHTS
- Originally Comfort Inn with Diamond Award Grossing over $1.4 to $1.5 MM Revenue
- 2020 renovated 80-Room Choice Hotel at $30,000 per Key and NO PIP for Buyer
- LOW COMPETITION Only nationally-franchised hotel within 12 miles of Onley Virginia
- SBA Loan Available | Est. 2021 Room Revenue Multiplier of 2.61, Cap Rate of 23.4% and NOI EBITDA of $562,271
- ABSENTEE OWNER | PROPERTY TAX Less than $13,000 | Lower Operating Costs & Higher Margins for Owner Operator
- Perfectly Located off U.S. 13 near Virginia Beach, VA, Chesapeake, VA, Norfolk, VA, Washington, DC, Baltimore, MD, Philadelphia, PA, Raleigh, NC
PROPERTY FACTS
AMENITIES
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,551,300 | |
| Land Assessment | $387,900 | Total Assessment | $2,939,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$387,900
Improvements Assessment
$2,551,300
Total Assessment
$2,939,200
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
