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Monday, May 21, 2012
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Property Name: |
Independent - Washington Burgess Inn |
| Units: |
33 |
| State: |
VA |
| List Price: |
$1,395,000 |
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Price Reduction |
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| Physical Features |
1. All room contain microwaves & mini-refrigerators
2. Hi-speed wireless internet
3. Outdoor pool
4. On-site "leased" restaurant
5. +/- 4.85 acres of land
6. Owners / managers apartment |
| Investment Considerations |
1. Leased free-standing restaurant building
2. Leased free-standing rental house
3. Excellent physical plant with substantial renovations
4. strong business track record |
| Property Overview |
The property is a 33-unit limited service independent motel. The facility, built in 1972, is
made up of one-story solid construction buildings consisting of 33 exterior corridor
guestrooms, a manager’s apartment, and an outdoor swimming pool. The property also
includes a leased free-standing restaurant building, and a leased free-standing rental
house, all of which is situated on +/-4.85 acres of land with excellent roadside visibility. |
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| Financials Avalible Upon Request |
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