110 Traverse Rd | Newport News, VA 23601
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- LoopNet Team
110 Traverse Rd
Newport News, VA 23601
Super 8 Newport News-City Center · Hospitality Property For Sale · 20,518 SF
Investment Highlights
- Property tours are by APPOINTMENT ONLY. Any attempts to visit the property without agent approval will result in a ban from all future listings.
- Brand-new, fully renovated property offered with zero change-in-ownership PIP needed.
- Located near a variety of demand generators including military, university, medical, retail, leisure, and transient destinations.
- Fee simple interest in the two-story, exterior-corridor Super 8 located at the intersection of I-64 and J Clyde Morris Boulevard.
- The competitive set is showing 69% occupancy through 2020, up 5% Compared to 2019 despite COVID-19.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 2020/2021 |
| Building Class | C | Parking Ratio | 9.91/1,000 SF |
| Lot Size | 0.82 AC | Corridor | Exterior |
| Building Size | 20,518 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.82 AC |
| Building Size | 20,518 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2020/2021 |
| Parking Ratio | 9.91/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 175.00-02-40 | Improvements Assessment | $1,886,748 |
| Land Assessment | $459,552 | Total Assessment | $2,346,300 |
PROPERTY TAXES
Parcel Number
175.00-02-40
Land Assessment
$459,552
Improvements Assessment
$1,886,748
Total Assessment
$2,346,300
zoning
| Zoning Code | C1 (Commercial) |
| C1 (Commercial) |
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