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Super 8 Norton 425 Wharton Ln NE 56 Room Hotel Norton, VA 24273 $2,791,840 CAD ($49,854 CAD/Room)
INVESTMENT HIGHLIGHTS
- Strong national brand recognition under Wyndham’s Super 8 flag
- Located off US-23 and US-58, near recreational and historical attractions
- Positioned in a high-demand lodging market with consistent occupancy trends
- Turnkey, cash-flowing property with on-site management
- Upside potential through revenue optimization and operational efficiencies
EXECUTIVE SUMMARY
Discover the Super 8 Norton, a well-maintained 56-room hotel offering strong brand recognition and consistent cash flow in the heart of Southwest Virginia. Positioned near major highways and local attractions, this turnkey investment delivers immediate revenue with significant upside potential.
PROPERTY FACTS
| Price | $2,791,840 CAD | Building Size | 21,824 SF |
| Price Per Room | $49,854 CAD | No. Rooms | 56 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1989 |
| Property Subtype | Hotel | Parking Ratio | 0.89/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.92 AC | Opportunity Zone |
Yes
|
| Zoning | B-3 - Hospitality | ||
| Price | $2,791,840 CAD |
| Price Per Room | $49,854 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.92 AC |
| Building Size | 21,824 SF |
| No. Rooms | 56 |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 0.89/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | B-3 - Hospitality |
AMENITIES
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 56 | $96.32 CAD | - |
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PROPERTY TAXES
| Parcel Number | 467-A-1-6-9 | Improvements Assessment | $1,664,839 CAD |
| Land Assessment | $418,362 CAD | Total Assessment | $2,083,200 CAD |
PROPERTY TAXES
Parcel Number
467-A-1-6-9
Land Assessment
$418,362 CAD
Improvements Assessment
$1,664,839 CAD
Total Assessment
$2,083,200 CAD
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Super 8 Norton | 425 Wharton Ln NE
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