Hotel AG Lists Comfort Inn - Martinsville, VA
Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee simple interest in the Comfort Inn Martinsville (hereinafter “Property,” or “Hotel”), a select service hotel located in Martinsville, Virginia.
The Property is a 70-room, select service hotel in Martinsville, Virginia. The Property is located on Virginia Avenue northwest of downtown Martinsville. The Hotel is conveniently located near attractions such as Liberty Fair Mall, Martinsville Mustang Baseball, Martinsville Speedway, Virginia Museum of History, Piedmont Arts Association, Basset Country Club, and Fairy Stone State Park.
The Hotel is a two-story, interior corridor, hotel that opened in 1990, containing a front desk/lobby area, business center, high-speed internet, breakfast area, outdoor swimming pool, and guest laundry area. The Property has 70 guestrooms complete with king or double beds, lamps, nightstand, desk, wall art, blackout curtains, coffee maker, hair dryer, iron w/ ironing board, and standard bathroom amenities.
- Great opportunity for owner operator
- Mismanaged by current absentee owner
- Property is in excellent physical condition
- Can be purchased well below replacement cost
- Upon sale the Comfort Inn flag will be terminated but Choice will relicense the hotel as a Quality Inn. Given the lack of Choice product in the region the reservation flow should be maintained.
For more information, please contact Andrew Broad at ACBroad@HotelAssetsGroup.com or 917-553-4267.