Hotel-Motel
Dual Brand Quality Inn - Suburban Suites
50 Hampton Blvd NE, Christiansburg, VA 24073
Listing Price: $7,450,000
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee-simple interest in the dual branded Quality Inn / Suburban studios located in Christiansburg, Virginia. The Hotel features a strong midscale brand affiliation and a well-rounded amenity package including a seasonal outdoor pool, fitness center, business services, complimentary breakfast, and ample on-site parking. Its location within the New River Valley positions it to capture steady year-round demand from both leisure and corporate segments.
Ideally situated just off Interstate 81 and near the region’s main commercial corridor, the Hotel offers convenient access to top demand drivers such as Virginia Tech, Radford University, New River Valley Mall, and the growing Christiansburg retail district. The property is also poised to benefit from ongoing infrastructure projects, including the $7.5 billion Mountain Valley Pipeline and the future Christiansburg Amtrak Station, part of a $444 million state rail initiative.
Christiansburg serves as a regional hub within Montgomery County, supported by a diverse economy of higher education, healthcare, and manufacturing. With proximity to outdoor attractions like the Blue Ridge Parkway and Claytor Lake, the market continues to attract a reliable mix of transient, group, and crew-related lodging demand.
Dual Brand Quality Inn - Suburban Suites
Investment Highlights
- Highly visible and accessible location directly off interstate-81
- Situated less than 2 miles from New River Valley Mall
- Approximately 10 miles to Virginia Tech
- Proximate to the planned Christiansburg Amtrak Station
- Outdoor recreation draws in steady tourism with proximity to Claytor Lake State Park, the Appalachian Trail, and the Blue Ridge Parkway, all popular with hikes, boaters, and nature tourists throughout the year
- Fee simple interest to the dual brand Quality Inn (57 units) Suburban Studios ( 64 units)
Listing Price: $7,450,000
Investment Highlights
- Highly visible and accessible location directly off interstate-81
- Situated less than 2 miles from New River Valley Mall
- Approximately 10 miles to Virginia Tech
- Proximate to the planned Christiansburg Amtrak Station
- Outdoor recreation draws in steady tourism with proximity to Claytor Lake State Park, the Appalachian Trail, and the Blue Ridge Parkway, all popular with hikes, boaters, and nature tourists throughout the year
- Fee simple interest to the dual brand Quality Inn (57 units) Suburban Studios ( 64 units)
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee-simple interest in the dual branded Quality Inn / Suburban studios located in Christiansburg, Virginia. The Hotel features a strong midscale brand affiliation and a well-rounded amenity package including a seasonal outdoor pool, fitness center, business services, complimentary breakfast, and ample on-site parking. Its location within the New River Valley positions it to capture steady year-round demand from both leisure and corporate segments. Ideally situated just off Interstate 81 and near the region’s main commercial corridor, the Hotel offers convenient access to top demand drivers such as Virginia Tech, Radford University, New River Valley Mall, and the growing Christiansburg retail district. The property is also poised to benefit from ongoing infrastructure projects, including the $7.5 billion Mountain Valley Pipeline and the future Christiansburg Amtrak Station, part of a $444 million state rail initiative. Christiansburg serves as a regional hub within Montgomery County, supported by a diverse economy of higher education, healthcare, and manufacturing. With proximity to outdoor attractions like the Blue Ridge Parkway and Claytor Lake, the market continues to attract a reliable mix of transient, group, and crew-related lodging demand.
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