Hotel AG Lists Holiday Inn Patriot - Williamsburg, Virginia
Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Holiday Inn Patriot (collectively known as the“Property,” or “Hotel”), a select-service all suites hotel located in Williamsburg, Virginia.
The Holiday Inn is a 160-room, full service hotel located at 3032 Richmond Rd in Williamsburg, Virginia. The property is located 1/2 mile from the Williamsburg Premium Outlets and the Yankee Candle Factory. Colonial Williamsburg, the College of William & Mary, and Ripley’s Believe it or Not are all less than two miles from the Holiday Inn. Other local attractions include Williamsburg Pottery, Busch Gardens Europe, Water Country, Jamestown Settlement, Yorktown, and Colonial Downs. The city of Williamsburg has shopping and a variety of restaurants that are located in the surrounding area.
The Property is a four story, interior corridor, all-suites hotel originally constructed in 2006. The Hotel contains a lobby reception area for both breakfast and evening receptions, business center, on site guest laundry facilities, outdoor pool and fitness center. The Hotel has an outdoor barbeque and picnic area. The Property has 85 non-smoking suites as follows: studio suites, one bedroom and two bedroom suites. All guestrooms contain a king and/or queen bed with luxury bedding. The Property offers standard TownePlace Suites by Marriott amenities such as work desk, wired and wireless Internet, fully equipped kitchen with full size appliances.
- Positive NOI
- Property will trade far below replacement cost
- Opportunity to re-brand property
- Located in Williamsburg, VA
To learn more about this listing, contact Andy Broad at [email protected] or 917-553-4267.published: 01-06-2015