Price: $7,350,000
Address: 9826 Midlothian Turnpike
City: Richmond
State: VA
ZIP: 23235
Rooms #: 80
Address: 9826 Midlothian Turnpike
City: Richmond
State: VA
ZIP: 23235
Rooms #: 80
Additional Features:
DEAL FEATURES
- Excellent location in Richmond Metro area
- Diverse Demand Generators
- Property qualifies for Best Western auto transfer program
- Best Western Design Excellence Underway
- One of a Kind Architectural Design and Millwork Features Give Hotel a Boutique Atmosphere
- Upside: Reopen Commercial Kitchen and Operate/Lease Restaurant and Bar as Guest Amenity
BUILDING OVERVIEW
- 2 Buildings
- 2 & 3 Stories, Interior Corridor
- Concrete Construction
- Brick Façade
- Pitched Roof with Asphalt Shingles
- Asphalt Parking Lot
PROPERTY HIGHLIGHTS
- 80 Guest Rooms
- Built in 1985 & 1987
- Renovated & Converted to Best Western Plus in 2010
- Wireless Internet
- Meeting Space (50 Person Capacity)
- Guest Laundry
- One Elevator
- Seasonal Outdoor Pool & Patio
- Commercial Kitchen
- Restaurant & Lounge (Closed)
Financials
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This is a confidential offering intended for the recipient’s use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!
