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Hotel-Motel

Days Inn Roanoke Near I-81

8118 Plantation Rd, Roanoke, VA 24019

Listing Price: $5,000,000

Cap Rate
10.50%
Number of Rooms
116
RevPAR
$31
Gross SF
52,236
Price/Room
$43,103
Price/Gross SF
$95.72
Year Built
1970

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Days Inn Roanoke Near I-81, a two-story limited service hotel conveniently located off of Interstate 81 in Roanoke, Virginia. The hotel consists of 116 guest rooms and offers amenities including a heated outdoor pool, meeting space, fitness center and a business center. The Days Inn Roanoke Near I-81 represents the opportunity to acquire a Wyndham franchise hotel in a desirable tourist destination. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Virginia's Blue Ridge region.

Investment Highlights

  • 10.5% Cap Rate
  • Surrounded by a Multitude of Recreational Activities
  • Roanoke Has Earned the Nickname of "Star City of the South" by Being the Recreational, Cultural and Business Hub of Virginia's Blue Ridge Mountains
  • Excellent Visibility from Interstate 81
  • 1 Mile from Hollins University
  • 6 Miles from the Berglund Center

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Hotel-Motel

Days Inn Roanoke Near I-81

Listing Price: $5,000,000

Cap Rate
10.50%
Number of Rooms
116
RevPAR
$31
Gross SF
52,236
Price/Room
$43,103
Price/Gross SF
$95.72
Year Built
1970

Investment Highlights

  • 10.5% Cap Rate
  • Surrounded by a Multitude of Recreational Activities
  • Roanoke Has Earned the Nickname of "Star City of the South" by Being the Recreational, Cultural and Business Hub of Virginia's Blue Ridge Mountains
  • Excellent Visibility from Interstate 81
  • 1 Mile from Hollins University
  • 6 Miles from the Berglund Center

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Days Inn Roanoke Near I-81, a two-story limited service hotel conveniently located off of Interstate 81 in Roanoke, Virginia. The hotel consists of 116 guest rooms and offers amenities including a heated outdoor pool, meeting space, fitness center and a business center. The Days Inn Roanoke Near I-81 represents the opportunity to acquire a Wyndham franchise hotel in a desirable tourist destination. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Virginia's Blue Ridge region.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

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