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THE LEGACY INN 120 N Hawksbill St 7 Room Hotel Luray, VA 22835 $1,982,223 CAD ($283,175 CAD/Room)
Investment Highlights
- This historic Shenandoah Valley property was built in 1805 and originally used as a tavern and way-station for travelers through Thornton’s Gap
- Guests enjoy the spacious rooms, comfortable beds and amenities like bikes and a fire pit
- There are water and electric hookups for four tiny homes or Park Model RV’s
- Today the historic property is an opportunity for a modern B&B experience driving distance from the Capitol for getaways and events
- Rich in local attractions like Luray Caverns | Shenandoah National Park | Car & Carriage Caravan Museum | River Hill Wine & Spirits and more
- Several opportunities for increased upsells including meals, tours, weddings, corporate events and even a beer garden
Executive Summary
Seven beautiful suites at The Legacy Inn nestled on 2.5 acres of 60+ year old chestnut, maple and poplar trees in the heart of Luray, Virginia less than a mile to the world-famous Luray Caverns and ten minutes from Skyline Drive in the Shenandoah National Park
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,982,223 CAD | Lot Size | 2.50 AC |
| Price Per Room | $283,175 CAD | Building Size | 3,430 SF |
| Sale Type | Investment | No. Rooms | 7 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1805/2023 |
| Building Class | B | Corridor | Interior |
| Zoning | B-1 | ||
| Price | $1,982,223 CAD |
| Price Per Room | $283,175 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.50 AC |
| Building Size | 3,430 SF |
| No. Rooms | 7 |
| No. Stories | 2 |
| Year Built/Renovated | 1805/2023 |
| Corridor | Interior |
| Zoning | B-1 |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 7 | $221.46 CAD | - |
Property Taxes
| Parcel Number | 42A4-A-49 | Improvements Assessment | $372,111 CAD |
| Land Assessment | $85,851 CAD | Total Assessment | $457,962 CAD |
Property Taxes
Parcel Number
42A4-A-49
Land Assessment
$85,851 CAD
Improvements Assessment
$372,111 CAD
Total Assessment
$457,962 CAD
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THE LEGACY INN | 120 N Hawksbill St
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