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Motel 6 Norfolk, VA 853 N Military Hwy 142 Room Hotel Norfolk, VA 23502 For Sale
EXECUTIVE SUMMARY
The Motel 6 Norfolk benefits from a prime location along North Military Highway, a key commercial corridor with strong demand drivers across multiple sectors. Situated near Norfolk International Airport, the hotel attracts both business and leisure travelers seeking affordable accommodations with convenient access to major transportation routes. The property is in close proximity to Norfolk Premium Outlets, a major regional shopping destination, as well as key attractions such as the Norfolk Naval Base, Virginia Wesleyan University, and Sentara Leigh Hospital. Additionally, the hotel is positioned near Interstate 64, providing seamless connectivity to Downtown Norfolk, Virginia Beach, and surrounding employment hubs. The Motel 6 also benefits from its proximity to several key industrial parks, further driving demand from business and extended-stay
travelers. With strong demand from military, corporate, industrial, and leisure travelers, the property is well-positioned to capture consistent occupancy.
As a Motel 6, the property benefits from the strength of one of the largest economy hotel brands, with over 1,400 locations across North America. The brand’s My6 loyalty program drives repeat business through exclusive discounts and benefits. Motel 6’s strong national presence ensures consistent demand from transient and extended-stay
travelers. Guests enjoy essential amenities like free Wi-Fi and pet-friendly accommodations. With a proven operating model and diverse demand drivers, the Motel 6 Norfolk is well-positioned as a stabilized branded asset in a high-demand market.
travelers. With strong demand from military, corporate, industrial, and leisure travelers, the property is well-positioned to capture consistent occupancy.
As a Motel 6, the property benefits from the strength of one of the largest economy hotel brands, with over 1,400 locations across North America. The brand’s My6 loyalty program drives repeat business through exclusive discounts and benefits. Motel 6’s strong national presence ensures consistent demand from transient and extended-stay
travelers. Guests enjoy essential amenities like free Wi-Fi and pet-friendly accommodations. With a proven operating model and diverse demand drivers, the Motel 6 Norfolk is well-positioned as a stabilized branded asset in a high-demand market.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 142 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1974/2014 |
| Building Class | C | Tenancy | Single |
| Lot Size | 4.63 AC | Parking Ratio | 3.09/1,000 SF |
| Building Size | 56,234 SF | Corridor | Exterior |
| Zoning | R-6 | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.63 AC |
| Building Size | 56,234 SF |
| No. Rooms | 142 |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2014 |
| Tenancy | Single |
| Parking Ratio | 3.09/1,000 SF |
| Corridor | Exterior |
| Zoning | R-6 |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 142 | $226.14 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 35370110 | Improvements Assessment | $1,457,807 CAD |
| Land Assessment | $3,045,675 CAD | Total Assessment | $4,503,482 CAD |
PROPERTY TAXES
Parcel Number
35370110
Land Assessment
$3,045,675 CAD
Improvements Assessment
$1,457,807 CAD
Total Assessment
$4,503,482 CAD
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Motel 6 Norfolk, VA | 853 N Military Hwy
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