199 Fort Chiswell Rd | Fort Chiswell, VA 24360
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199 Fort Chiswell Rd
Fort Chiswell, VA 24360
Hampton by Hilton Inn Ft Chiswell-Max Meadows · Hospitality Property For Sale
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30,776 sq ft
INVESTMENT HIGHLIGHTS
- Property tours are by APPOINTMENT ONLY. Any attempts to visit/contact property without agent approval will result in a ban from all future listings
- Recently Renovated Hotel Expected to Trade Below Replacement Cost with Minimal Property Improvement Plan
- Significant Upside to Prospective Purchaser by Leveraging Recent Renovations Completed in 2020-2022
- Fee Simple Interest in the 63-Key, Four-Story, Interior-Corridor Hotel
- Desirable Hilton Brand Affiliation with Hampton Inn | New 15-Year Franchise Agreement Signed in 2022
- 75% RevPAR Penetration Index | Underperforming Property with Management/Operational Upside
PROPERTY FACTS
| Property Type | Hospitality | No. Floors | 4 |
| Property Subtype | Hotel | Year Built | 1998 |
| Costar Property Class | B | Parking Allocation | 1.75/1,000 sq ft |
| Total Plot Size | 1.82 ac | Corridor | Interior |
| Property Size | 30,776 sq ft | ||
| Use Class | COR | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | B |
| Total Plot Size | 1.82 ac |
| Property Size | 30,776 sq ft |
| No. Floors | 4 |
| Year Built | 1998 |
| Parking Allocation | 1.75/1,000 sq ft |
| Corridor | Interior |
| Use Class | COR |
AMENITIES
- Business Centre
- Fitness Centre
- Pool
- Meeting Event Space
PROPERTY TAXES
| Parcel Number | 044-000-0000-0009E | Improvements Assessment | £2,174,696 |
| Land Assessment | £223,890 | Total Assessment | £2,398,586 |
PROPERTY TAXES
Parcel Number
044-000-0000-0009E
Land Assessment
£223,890
Improvements Assessment
£2,174,696
Total Assessment
£2,398,586
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