There are 25 rooms plus the manager's apartment. The county assessed value of the land and building has been higher than the asking price in recent years. - We have a huge internal marketplace for business sales. Let us help you each step of the way, By clicking the button, you agree to BizQuest's, By clicking the button, you agree to BizQuest’s, Virginia Entertainment and Leisure Businesses for Sale, Transworld Business Advisors CEO, Rupesh Bharad, Less than 3X Revenue | $1.6 MM+ Revenue | Choice Hotel for Sale VA, Formerly Comfort Inn Hotel For Sale in Onley Virginia, Voted #8 Bed and Breakfast in the Country- Historic Trinkle Mansion, Accomack County VA Hotels and Motels Businesses for Sale, Danville city County VA Hotels and Motels Businesses for Sale, Petersburg city County VA Hotels and Motels Businesses for Sale, Wythe County VA Hotels and Motels Businesses for Sale, Greene County VA Hotels and Motels Businesses for Sale, Richmond city County VA Hotels and Motels Businesses for Sale, Virginia Food and Beverage Businesses for Sale, Virginia Other Food and Beverage Businesses for Sale, Virginia Business Services Businesses for Sale, Fairfax County Virginia Businesses for Sale, Virginia Other Business Services Businesses for Sale, Virginia Other Retail Stores Businesses for Sale, Virginia Auto and Automotive Businesses for Sale. The 23.1 square-mile city is one of 13 jurisdictions that comprise the Richmond-Petersburg Metropolitan Statistical Area. MOTIVATED SELLER The Hotel is priced to sell below replacement costs. Hotels and motels cater to all, making them great business opportunities. Bed and Breakfast is a must see with luxurious linens, marble fireplaces, two- person showers, claw foot tubs, luxury pillow top mattresses and majestic views. Buyers must independently verify this information for accuracy or completeness. *Note that there is a pool and various breakfast options within walking distance, and the new owner has the option to reopen the Rodeway Inn pool and provide free breakfast. Thank you. LOW TAXES Accomack County offers one of the lowest tax bases in Virginia. *Rates available as of August 2020. Information in this listing has been provided by reliable third parties, but is not guaranteed and is subject to change without notice. The 70-mile-long (110 km) region is part of the Delmarva Peninsula and is separated from the rest of Virginia by the Chesapeake Bay. Established in the 1970's with current Owner at the helm since 1996. Information in this listing has been provided by reliable third parties, but is not guaranteed and is subject to change without notice. *CONFIDENTIAL OFFERING. TOP INVESTMENT HIGHLIGHTS -LOCATION Convenient I-81 location in the State of Virginia close to North Carolina on the East Coast. Hotels For Sale is the premier platform for Hotel owners and brokers to list and purchase their properties online. This turnkey 40 room motel is in superb condition and is a well run motel that is easy to manage. Closed Former Knights Inn Hotel for Sale in Petersburg, VA Sunrise Inn: 622 E Wythe St, Petersburg, VA 23803 Make your cash offer now! Our staff is the most experienced in the industry. Fully renovated exterior corridor asset with minimal PIP for new owner. Whether you want to market your property to the largest possible online audience or search for the perfect property to start your Hotel business, Hotels For Sale … Welcome to the Chincoteague National Wildlife Refuge and Assateague Island National Seashore on Virginia's eastern shore with 37 miles of unspoiled beaches, the most in Eastern US. Be the first to know when new Virginia Hotels and Motels for Sale are posted on BizQuest. Well known motel for sale in Central Virginia. LOCATION Perfectly situated off U.S. 13, a major East Coast high-traffic transient and commercial corridor connecting the Port of Hampton Roads with major metropolitan centers to the north. Country Inn & Suites Jacksonville Jacksonville, FL. Many have owned businesses and can relate to your specific needs. Utah Motels, Hotels, and B&B's For Sale : Vermont Motels, Hotels, and B&B's For Sale: Vermont: $525,000: 15 Units: Bert Hugle: 802-362-1176: 6-26-16: Virginia Motels, Hotels, and B&B's For Sale: Virginia Updated! - The Chesapeake Bay Bridge-Tunnel places the community within easy reach of The Port of Virginia in Hampton Roads. Rodeway Inn Arkansas $1600000 79 Rooms. Hotels… Days Inn. Links View Current Listings Independent Motel in Tourist Lake Area for Sale For Only $999,999. Do not call or visit the property without an appointment. in 26 states. Please enter your email address to reset your password. * Offices located throughout the continental United States Buyers must independently verify this information for accuracy or completeness. Motels For Sale in Virginia VA If you want to buy a motel in Virginia, browse Sunbelt’s extensive database of listings. Learn More. - Our goal is always to obtain the best deal for each client. More info, https://www.dialmforhotels.com/property/choice-hotel-for-sale-in-virginia/100-150 key Choice Hotel for Sale in VirginiaLess than 3X Revenue | $1.6 MM+ RevenueCall + 1 919 428 9840 for Hotel Loans.Beautiful Choice Hotel for sale in Virginia with amazing upside potential!2 story, fully renovated, 100-150 key Choice hotel in Virginia offered at $4,750,000. Your Search Alert has been saved to My Account. * Transworld is the largest Business Brokerage franchise in the United States EASTERN SHORE OF VIRGINIA The Eastern Shore of Virginia consists of two counties (Accomack and Northampton) on the Atlantic coast detached from the mainland of the Commonwealth of Virginia in the United States. Location: VA . Virginia Motels for Sale - Find A Great Selection of Motel for Sale Listings on BusinessBroker.net. Renovation Details: All locks replaced with RFID, office, laundry, maintenance shop, electrical panel, water heaters- rooms replaced with new entry locks and 3 basic keys of 15, replaced all carpets, replaced 60 new A/C units, new washer/dryer (2 of each), new phone system, repaired all wax rings mostly all faucets in the hotel, repaired stucco, walkway ceilings, stairwells, painted entrance outside, fixed and replaced soffit, landscaping, installed new routers for WIFI, replaced exterior lights with LEDs, new signage, new linen, towels, bedspreads, new sheetrock, new vending machine, new pumps for sewage pumps, added furniture for all rooms, franchise fee for Rodeway Inn contract. The Motel is close to Petersburg National Battlefield, Pocahontas State Park, Virginia State University, Pamplin Historical Park, The National Museum of the Civil War Soldier, Centre Hill Mansion, Pocahontas Island Black History Museum, Virginia Motorsports Park, Southpark Mall, The Oak Antique Mall, Swaders Sports Park, Dogwood Trace Golf Course, Virginia Sports Complex, Fort Lee and Richmond International Airport (RIC). One of the most amazing features of More info. For Hotel Loans, call Madhur Gupta at 919-428-9840. https://www.dialmforhotels.com/property/rodeway-inn-hotel-for-sale-onley-virginia/ HOTEL FINANCING Benefit from amazingly low below market interest rates and low down payment of the SBA 504 Loan program. We feature historic bed & breakfast inns, lodges and country inns for sale … View a full database list of hotels for sale with Avison Young. Whether you are looking to buy a Virginia Hotel and Motel for sale or sell your Virginia Hotel and Motel, BizQuest is the Internet's leading Virginia Hotel and Motel for sale marketplace. M Hotels is pleased to present an excellent opportunity to acquire fee simple interest in a fully renovated 80-key nationally-franchised popular Rodeway Inn Choice franchised hotel with no PIP expenses, proven past performance of $1.4-1.5 MM in revenue, estimated 2021 revenue in excess of $900K, Room Revenue Multiplier of 2.61 and cap rate of 23.4% despite the More info, Price has been reduced! -Major Metro Cities Nearby: Some of the major metro cities near this hotel include Greensboro, Charlotte, NC, Richmond, VA, Danville, VA. -Fee-Simple Interest in the 100-150 Key Choice Franchised Hotel in a Prime Location in Virginia -Choice Franchised Property with Steady Revenue of over $1.6 Million and Available at less than 3x Revenue - The Hotel is Offered Free Simple, Free and Unencumbered of Management with Value Added Opportunity to Improve Performance -Priced Well Below Replacement Costs and Offered Completely Renovated with Seller --PIP Complete and  Minimal PIP for New Owner -Excellent Location Primed for Success with Operational Upside for Hands-On Owner-Operator or Investor -A Combination of Solid Revenue Growth Strategies, Strong Operational Performance and Disciplined Cost Management can Increase Adjusted EBITDA -Financing Available for Qualified Buyer -TOP FRANCHISE FOR FIRST TIME BUYER OR SEASONED INVESTORS: Choice Hotels is one of the largest and most successful lodging franchisors in the world. Additional 3 months payment deferment possible. Airport (RIC) - 44 min drive 24.7 mi LOCAL ATTRACTIONS AND DEMAND GENERATORS Old Blandford Church - 7 min walk Centre Hill Museum - 14 min walk Farmers Bank - 19 min walk Siege Museum - 20 min walk Pocahontas Island Black History Museum - 27 min walk Violet Bank Museum - 32 min walk Fort Lee - 2.7 mi / 4.4 km Petersburg National Battlefield Park - 2.6 mi / 4.2 km Southside Regional Medical Ctr (0.9 miles) Central State Hospital (3.2 miles) Poplar Springs Hospital (3.3 miles) Virginia State University - 45 min walk / 6 min drive / 2 mile Pamplin Historical Park - 11 min drive The US Army Women’s Museum - 5-14 minutes drive Swader Sports Park - 5-14 minutes drive Virginia Motorsports Park - 5-14 minutes drive ABOUT PETERSBURG Petersburg is an independent city in the Commonwealth of Virginia in the United States. * Established for over 40 years RODEWAY INN HIGHLIGHTS Limited-service budget brand that embraces a variety of product types Simple fee structure, higher flexibility annual contract windows Industry-leading reservation system Cloud based property management system Attractive bottom line Performance and savings – a strong combination for your ROI Lower entry costs & ongoing fees FULLY RENOVATED PROPERTY WITH MINIMAL PIP The Hotel underwent extensive renovations since owners purchased in 2019 and the owners have spent over $500,000 in renovation. Over the last 30 days, cheap motels in Virginia have been available starting from $43, though prices have typically been closer to $61. Price estimates were calculated on October 17, 2020. In fact, Sunbelt currently has listings for 0 hotels for sale in Virginia … This 9,574 sq. If you have any Motels For Sale In Hampton Virginia, please feel free to sell your business here, on the leading Hampton Virginia Motels For Sale website. *CONFIDENTIAL OFFERING. Previously Innkeeper Hotel, Astoria Extended Stay Hotel Danville West (117 Rooms) offered for sale at 3.09 RRM and 15.6% … The Bureau of Economic Analysis combines Petersburg (along with the city of Colonial Heights) with Dinwiddie County for statistical purposes. The Country Inn & Suites is a 61-Unit, Newly-Renovated Hotel in a Strong Corporate, Military and Leisure Market. Hotels to buy include select and full service hotels and bank owned hotels. https://www.dialmforhotels.com/property/choice-hotel-for-sale-in-virginia/ 100-150 key Choice Hotel for Sale in Virginia Less than 3X Revenue | $1.6 MM+ Revenue Call + 1 919 428 9840 for Hotel Loans. - We'll maximize the selling price of your business. INVESTMENT HIGHLIGHTS - Fee simple interest in two-story exterior corridor motel with 117 guest rooms for sale at $2,850,000 or $24,359 per key located off Route 58 in Danville, Virginia along the North Carolina border. Call + 1 919 428 9840 for Hotel Loans. A motel is often a stripped down, no bells or whistles version of a hotel designed specifically for motorists who just need to get some rest. ft. An 18 unit motel that looks … - We keep the sale confidential! MAJOR METRO CITIES NEARBY Virginia Beach, VA, Chesapeake, VA, Norfolk, VA, Washington, DC, Baltimore, MD, Philadelphia, PA, Raleigh, NC and Durham, NC. Approximately 15 of the rooms are leased on an extended stay basis and are occupied. TRANSWORLD specializes in selling businesses. (2) (757) 222 … No Repayment Required. First-time buyers can gain immediate recognition and visibility with nationwide branding and advertising from day one of operations, and ongoing support. - Let TRANSWORLD do the work for you. Lakeview Motel, Well Below Appraisal in Missouri For Sale For Only $425,000! The property address is 3020 Riverside Drive… 80 Rooms , 2-Story, Exterior Corridors, Economy, Choice Franchised Hotel built in 1990 | Acres ±2.94 | Previously franchised as: Comfort Inn, Quality Inn, Days Inn. Hotels Hotels-Apartment Resorts. We are hotel brokers with hotels for sale and motels for sale in New York, New … NEW LISTING Property Overview: The Days Inn is ideally located off Interstate 81 in Virginia and situated within close proximity to … This turnkey 40 room motel is in superb condition and is a well run motel that is easy to manage. Accomack County is home to NASA’s Wallops Flight Facility (WFF) and the Mid-Atlantic Regional Spaceport (MARS). CONTACT: For access to more listed and off-market hotels for sale, exclusive listings, confidential hotel sales, and hotel loans, call (919) 428-9840. Please browse our site for Motels For Sale near Hampton. Upon entering guests are welcomed by twin sparkling chandeliers, 12- foot ceilings and a graceful staircase with a Romeo balcony overlooking the foyer. We focus on your specific industry to find the right buyer. Priced to sell, nice opportunity to acquire a formerly Knights Inn, independent 48-key, 2 story motel in the heart of Petersburg located at 622 E Wythe St, Petersburg, VA 23803. See Listing: RV Park/Marina/ Hotel … This search was saved previously and can be found in My Saved Searches. Hotels for Sale. Strong financials. Virginia Beach Resort Hotel and Conference Center. CONTACT: For access to more exclusive listings, confidential off-market hotels for sale, hotel mortgage notes for sale, and hotel loans, call (919) 428-9840. The hotel has a fully completed property improvement plan and minimal PIP for new owner. Discover Inns, Boutiques and Bed and Breakfast for sale in Virginia on InnsForSale.com. View pictures of homes, review sales history, and use our detailed filters to find the perfect place. - A four-lane primary highway traversing the peninsula provides access to major interstates, including I-64, I-264, I-464, I-564, and I-664 within 25 miles or less. Contact an agent today. Formerly Innkeeper, Astoria Hotel Danville West, Virginia for Sale. *CONFIDENTIAL OFFERING. * Network of over 600+ Transworld Brokers Our service, dedication and drive is your guarantee that if you are prepared to sell your business, we are ready to sell it for you. With Times Commercial Realty is a hotel brokerage that specializes in the sales and purchase of hospitality properties. OPERATIONAL UPSIDE A combination of solid revenue growth strategies, strong operational performance and disciplined cost management can result in increase in adjusted EBITDA. - We establish the right selling price. Information in this listing has been provided by reliable third parties, but is not guaranteed and is subject to change without notice. Motivated seller. NEED A HOTEL LOAN? We provide services that include Hotel Brokerage, Hotel Financing, Hotel Equity Raise, Hospitality Consulting and Hotel Value Enhancement Advisory. Price: $2,375,000. Refine your search by location, industry or asking price using the filters below. CONTACT: For access to more listed and off-market hotels for sale, exclusive listings, confidential hotel sales, and hotel loans, call (919) 428-9840. -MOTIVATED SELLER Located midway between New York and Florida, Virginia is in the Mid-Atlantic region. It is also notable for being the main thoroughfare for the Delmarva Peninsula and carrying the Chesapeake Bay Bridge–Tunnel to it in Virginia. - We create competition for your business. SBA 504 Rate: 2.26% | SBA 7(a) rate 5.25%. FREE OF MANAGEMENT Property offered unencumbered of existing management with long-term franchise agreements available from Choice Hotels. BizQuest has more Virginia Hotel and Motel for sale listings than any other source. Hospitality Properties for Sale United Country Real Estate’s Hospitality website features property for sale to clients interested in the sale or purchase of bed-and-breakfast properties, hotels and motels, and resort property across the nation and internationally. U.S. Route 13 (US 13) is a north–south U.S. highway and a major East Coast thoroughfare, connecting the Port of Hampton Roads with major metropolitan centers to the north. INVESTMENT SUMMARY Great deal for cash investors Closed 48-key formerly Knights Inn hotel located in Petersburg, Virginia, minutes from Richmond, VA Strategic location just off US 301 with easy access to I-95 Proximity to multiple local demand generators including Fort Lee and Virginia State University Market demand study shows the renovation project is viable New owner can convert the property to a nationally recognized economy franchise and add long-term franchise agreements Year-one revenue projections post renovation expected to be at around $500,000 to $650,000 Stabilized room rates on an annualized basis could be set around $45-50 Asking Price: $600,000 | Keys: 48 | Stories: 2 | Corridor: Exterior | Location: Petersburg, Virginia Value-add investment opportunity with top line potential for hands-on owner operator in occupancy, ADR and RevPAR post renovation Local Development - New Richmond-based pharma startup with $350M in funding eyes facility in Petersburg | Petersburg’s Brown’s Island’: Developer planning park along city’s riverfront PROPERTY SUMMARY 622 E Wythe St, Petersburg, VA 23803 No of Rooms 48 (24 rooms renovated and 24 left) No Stories 2 Year Built 1987 Corridors: Exterior Sq Ft +/- 18,406 sq ft Lot Size +/- 0.9455 acres Zoning B-2 Property Type: Hotel/Motel Submarket Tri Cities Market Richmond VA CBSA Richmond, VA TRANSPORTATION Richmond Intl. The Commonwealth is bordered by Washington, D.C., the nation's capital, and Maryland to the north; the Atlantic Ocean to the east; North Carolina and Tennessee to the south; and West Virginia and Kentucky to the west. - We utilize a worldwide network to advertise your business. Hotels for Sale. … Your information request has been sent regarding: You have been logged in, please wait while we refresh your search experience. ADDRESS: 25297 Lankford Hwy, Onley, VA 23418 SBA 504 LOAN PROGRAM - Lower monthly payments and improved cash flow - Save your cash with as low as 15% down to grow your business - Below market FIXED interest rates with payments fully-amortized over 25 years, NO balloon - Franchised hotels qualify for the SBA loan DIAMOND AWARD WINNER The Onley Rodeway Inn was originally a Comfort Inn with a Diamond award grossing over $1,400,000 to $1,500,000 in revenue. The city is just 21 miles (34 km) south of the historic commonwealth (state) capital city of Richmond. Whether you are looking to buy a Virginia Hotel and Motel for sale or sell your Virginia Hotel and Motel, BizQuest is the Internet's leading Virginia Hotel and Motel for sale … Current owners converted the hotel to a Rodeway Inn and temporarily closed the pool and breakfast to increase the bottom line. The city's unique industrial past and its location as a transportation hub combined to create wealth for Virginia and the Middle Atlantic and Upper South regions of the nation. Virginia Hotels and Motels for Sale BizQuest has more Virginia Hotel and Motel for sale listings than any other source. Virginia Hotels And Motels For Sale On Loopnet.Com Find Virginia Hotels and Motels for sale on LoopNet.com. See the latest prices. - We have thousands of buyers! Motivated seller. This business rivals Virginia luxury hotels in amenities and comfort. Sunbelt has relationships with a number of Virginia small hotels for sale and for lease that are sure to match your criteria. More info, VOTED #8 BED AND BREAKFAST IN THE COUNTRY BY TRIP ADVISORElegant, historical 106-year old home, serving as a Bed and Breakfast in the Blue Ridge Mountains for sale, listed on the National Register of Historic places and Virginia landmarks register in 1912. Property tax for the Hotel is less than $13,000. The property is great for both vacationing tourists and business travelers alike in the heart of regional demand generators on Virginia’s Eastern Shore, just a short distance from the Ker Place Museum, Parkers Marsh Natural Area Preserve, Eastern Shore Art League Gallery and the Chatham Vineyards & Winery. This 79 key Rodeway Inn has 2 stories and is on 1.51 acres. SBA DEBT RELIEF | Take advantage of the CARES Act: Close by Sep 27, 2020 and SBA will pay 6 months of principal and interest. MBA Hotel Brokers has closed hundreds of real estate sales, valued in the hundreds of millions of dollars. Leisure Real Estate Advisors has hotel and motel investiment properties for sale starting at $500,000 and up. Beautiful Choice Hotel for sale in Virginia with amazing upside potential! Sorry, but we do not currently have any Motels For Sale In Hampton Virginia. The Sunrise Inn Motel is currently closed. WHY SHOULD I USE TRANSWORLD? Choice currently franchises more than 7,000 hotels, representing nearly 570,000 rooms, in more than 40 countries and territories. Lynchburg Grand Hotel. TOP FRANCHISE FOR A FIRST TIME BUYER OR SEASONED INVESTORS Choice Hotels is one of the largest and most successful lodging franchisors in the world with more than 7,000 hotels, in more than 40 countries and territories. - Norfolk International Airport, a major airport serving convenient daily access to hundreds of cities worldwide, is just over 40 miles from the Eastern Shore. The Eastern Shore region is bounded on the north by the Maryland state line, on the east by the Atlantic Ocean, and on the south and west by the Chesapeake Bay. Independent Motel in Tourist Lake Area for Sale For Only $999,999. SBA 504 Rate: 2.26% | SBA 7(a) rate 5.25%. This is a remarkable buy. LOW COMPETITION The Hotel is the only nationally-franchised hotel within 12 miles of Onley Virginia. CHB. - We spend more money on advertising than anyone in our industry. 2 story, fully renovated, 100-150 key Choice hotel in Virginia offered at $4,750,000. Ideal opportunity for first-time buyers to gain immediate recognition and visibility with nationwide branding and advertising from day one of operations and ongoing support. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Rooms Count: 241 ... Newport News, Virginia 23606 View Directions. Hotels For Sale in Virginia VA If you want to buy a hotel in Virginia, browse Sunbelt’s extensive database of listings. Sunbelt has relationships with a number of Virginia small motels for sale and for lease that are sure to match your criteria. M Hotels is pleased to present an excellent opportunity to acquire fee simple interest in a fully renovated 80-key nationally-franchised popular Rodeway Inn Choice franchised hotel with no PIP expenses, proven past performance of $1.4-1.5 MM in revenue, estimated 2021 revenue in excess of $900K, Room Revenue Multiplier of 2.61 and cap rate of 23.4% despite the COVID-19 pandemic. Approximately 15 of the rooms are leased on an extended stay basis and are occupied. The hotel has a fully completed property improvement plan and minimal PIP for new owner.TOP INVESTMENT HIGHLIGHTS-LOCATION Convenient I-81 location in the State of Virginia close to North Carolina on the East Coast.-Major Metro Cities Nearby: Some of the major metro cities near this hotel include Greensboro, Charlotte, NC, More info, For Hotel Loans, call Madhur Gupta at 919-428-9840. https://www.dialmforhotels.com/property/rodeway-inn-hotel-for-sale-onley-virginia/HOTEL FINANCING Benefit from amazingly low below market interest rates and low down payment of the SBA 504 Loan program. Hotel and motel investiment properties for Sale starting at $ 4,750,000 brand is also a viable.! Business listings, the # 1 marketplace for business listings, the 1! Chandeliers, 12- foot ceilings and a graceful staircase with a Romeo balcony overlooking the.! Starting at $ 4,750,000 condition and is subject to change without notice include... 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