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Hotels and Motels For Sale in Virginia
  • Hotels and Motels For Sale in Virginia

Virginia Beach Inn

  • Listing Id: 5698
  • Broker Name: Peter Scherman
  • Category: Hotels and Motels
  • Asking Price: $1,350,000.00
  • EBITDA: $44,160.00
  • Real Estate: $989,000.00
  • Cash Flow: $94,340.00
  • Inventory: $1,000.00
  • No. Of Full-Time Employees: N/A
  • No. Of Part-Time Employees: N/A
  • Gross Income: $450,000.00
  • FF&E: $101,713.00
  • Year Built: N/A
  • Address: Click Here
  • Zip Code: Click Here
  • City: Virginia Beach
  • State: VA
  • Country: United States
  • Tenancy: Single
  • Occupancy: N/A
  • Lot Size: N/A
  • Available: Yes
Description

The style of the inn is sleek and contemporary, with clean lines, modern colors and furnishings, and bathrooms that may include hydro body massage, steamer, rainfall shower, Travertine tile, or jetted tub. Many guests choose their room based on the bath features they most enjoy! And all guests can enjoy custom massages in the third floor massage room surrounded by natural light. All guest rooms have HDTV’s with cable, hardwired Internet hookups and WIFI.
The inn is in excellent condition and a model of efficiency with mini-splits in almost all rooms, tankless natural gas on demand hot water, full sprinkler system, and ADA compliance. The compact kitchen is well equipped with a five burner gas range with oven, fire suppression hood, three bay sink, 48? side-by-side refrigerator, and dishwasher. An available half bath and guest pantry with refrigerator and microwave are available for guests’ convenience.

Financial Summary

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