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Hotel-Motel

Super 8 by Wyndham

304 2nd St, Williamsburg, VA 23185

Listing Price: $4,400,000

Cap Rate
7.23%
Number of Rooms
107
RevPAR
$30
Price/Room
$41,122
RRM
4.09
Year Built
1988

Investment Overview

Marcus & Millichap is pleased to present the fee-simple interest in the 107-unitSuper 8, located at 304 2nd Street in Williamsburg, Virginia. Ideally positioned along U.S. Route 60 with direct access to Interstate 64, the property offers proximity to a diverse set of demand drivers including Colonial Williamsburg, Busch Gardens, Water Country USA, the College of William & Mary, Sentara Williamsburg Regional Medical Center, and Naval Weapons Station Yorktown.

The Super 8 is situated on a 3.39-acre parcel and benefits from national brand recognition, strong regional drive-in traffic, and a prime location within one of Virginia’s most visited leisure markets. The property features exterior corridors, on-site parking, and streamlined operational efficiencies consistent with the Super 8 brand.

Williamsburg is a high-traffic tourism and education-driven market, centrally located in Virginia’s Historic Triangle. The local economy is supported by over 9,000 college students, year-round historical tourism, seasonal theme park attendance exceeding 3.5 million combined visitors, and steady demand from military personnel, healthcare travelers, and tour groups. The area draws both regional and national visitors via convenient access to Amtrak service and two regional airports.

Investment Highlights

  • Fee simple interest in the 107-unit Super 8 located in Williamsburg, Virginia —a historically rich market in the heart of the state's popular Historic Triangle
  • Strategically located along U.S. Route 60 with easy access to Interstate 64, connecting Williamsburg to Richmond, Norfolk, and Virginia Beach
  • Less than 5 minutes from Colonial Williamsburg, a top U.S. heritage tourism destination featuring over 300 acres of restored 18th-century
  • Proximity to Busch Gardens Williamsburg, which has attracted upwards of 2.78 million annual visitors, and Water Country USA, which welcomed 736,000 guests in 2023buildings and interactive exhibits
  • Just over a mile from the College of William & Mary, the second-oldest college in the U.S. with over 9,000 students

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Managing Director / Market Leader

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Hotel-Motel

Super 8 by Wyndham

Listing Price: $4,400,000

Cap Rate
7.23%
Number of Rooms
107
RevPAR
$30
Price/Room
$41,122
RRM
4.09
Year Built
1988

Investment Highlights

  • Fee simple interest in the 107-unit Super 8 located in Williamsburg, Virginia —a historically rich market in the heart of the state's popular Historic Triangle
  • Strategically located along U.S. Route 60 with easy access to Interstate 64, connecting Williamsburg to Richmond, Norfolk, and Virginia Beach
  • Less than 5 minutes from Colonial Williamsburg, a top U.S. heritage tourism destination featuring over 300 acres of restored 18th-century
  • Proximity to Busch Gardens Williamsburg, which has attracted upwards of 2.78 million annual visitors, and Water Country USA, which welcomed 736,000 guests in 2023buildings and interactive exhibits
  • Just over a mile from the College of William & Mary, the second-oldest college in the U.S. with over 9,000 students

Investment Overview

Marcus & Millichap is pleased to present the fee-simple interest in the 107-unitSuper 8, located at 304 2nd Street in Williamsburg, Virginia. Ideally positioned along U.S. Route 60 with direct access to Interstate 64, the property offers proximity to a diverse set of demand drivers including Colonial Williamsburg, Busch Gardens, Water Country USA, the College of William & Mary, Sentara Williamsburg Regional Medical Center, and Naval Weapons Station Yorktown. The Super 8 is situated on a 3.39-acre parcel and benefits from national brand recognition, strong regional drive-in traffic, and a prime location within one of Virginia’s most visited leisure markets. The property features exterior corridors, on-site parking, and streamlined operational efficiencies consistent with the Super 8 brand. Williamsburg is a high-traffic tourism and education-driven market, centrally located in Virginia’s Historic Triangle. The local economy is supported by over 9,000 college students, year-round historical tourism, seasonal theme park attendance exceeding 3.5 million combined visitors, and steady demand from military personnel, healthcare travelers, and tour groups. The area draws both regional and national visitors via convenient access to Amtrak service and two regional airports.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Managing Director / Market Leader

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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