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Wingate by Wyndham Dublin Near Claytor Lake 5094 State Park Rd 67 Room Hotel Dublin, VA 24084 $5,204,898 CAD ($77,685 CAD/Room)
Investment Highlights
- 3 Story Interior Corridor, 2003 Construction, 67 Keys
- Located off Interstate 81, a major north-south corridor
- Rebounding Financial Performance
- Recently Renovated to Current Brand Standards
- Multiple Rebranding Opportunities with Various Franchises including Hilton & Marriott
- Strategic Location Nearby Demand Drivers
Executive Summary
DDM Hotels – Marcus & Millichap is pleased to offer for sale the Wingate by Wyndham located in Dublin, VA. The Wingate is strategically positioned off Interstate 81 with close by proximity to all local demand generators. The hotel is coming out of a lengthy renovation and in the process of stabilizing. Historical Room Revenues are greater than $1,100,000+ as a non-renovated Sleep Inn by Choice Hotels.
Property Facts
| Price | $5,204,898 CAD | Building Size | 21,775 SF |
| Price Per Room | $77,685 CAD | No. Rooms | 67 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2003 |
| Property Subtype | Hotel | Parking Ratio | 3.12/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 4.44 AC | ||
| Zoning | PB3 | ||
| Price | $5,204,898 CAD |
| Price Per Room | $77,685 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.44 AC |
| Building Size | 21,775 SF |
| No. Rooms | 67 |
| No. Stories | 3 |
| Year Built | 2003 |
| Parking Ratio | 3.12/1,000 SF |
| Corridor | Interior |
| Zoning | PB3 |
Amenities
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 12 | $123.27 CAD | - |
| Guest Room | 55 | $116.43 CAD | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 07291 | Improvements Assessment | $2,850,777 CAD |
| Land Assessment | $375,574 CAD | Total Assessment | $3,226,352 CAD |
Property Taxes
Parcel Number
07291
Land Assessment
$375,574 CAD
Improvements Assessment
$2,850,777 CAD
Total Assessment
$3,226,352 CAD
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Wingate by Wyndham Dublin Near Claytor Lake | 5094 State Park Rd
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