16102 Theme Park Way | Doswell, VA 23047
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This Hospitality Property is no longer advertised on LoopNet.ca.
16102 Theme Park Way
Doswell, VA 23047
Closed Travelodge - Kings Dominion · Hospitality Property For Sale · 44,640 SF
Investment Highlights
- ?Property tours are by APPOINTMENT ONLY. Any attempts to visit property or contact ownership is strictly prohibited.
- Projected Year-3 Revenue of $2.2MM+ Upon Renovation and Stabilization (In Line with the STR-Defined Competitive Set)
- Potential to Reposition as a Dual-Branded Limited/Select-Service & Extended Stay Hotel Combo
- Fee Simple Interest in the 248-Room, Two-Story, Vacant, Non-Operational, Exterior Corridor Hotel off I-95 (110,611 VPD)
- Located on 10.5 Acres with Immediate Proximity to Kings Dominion (Closest Hotel to Theme Park Entrance) - Potential for Redevelopment
- Additional Sources of Potential Income Include Restaurant Lease, Arcade, Bar, & Lounge
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1977/2024 |
Building Class | C | Parking Ratio | 7.44/1,000 SF |
Lot Size | 8.08 AC | Corridor | Exterior |
Building Size | 44,640 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 8.08 AC |
Building Size | 44,640 SF |
No. Stories | 2 |
Year Built/Renovated | 1977/2024 |
Parking Ratio | 7.44/1,000 SF |
Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
Parcel Number | 7883-62-1482 | Improvements Assessment | $3,601,500 |
Land Assessment | $1,276,672 | Total Assessment | $4,878,171 |
PROPERTY TAXES
Parcel Number
7883-62-1482
Land Assessment
$1,276,672
Improvements Assessment
$3,601,500
Total Assessment
$4,878,171
zoning
Zoning Code | B-3 |
B-3 |
Listing ID: 23967011
Date on Market: 2021-08-24
Last Updated:
Address: 16102 Theme Park Way, Doswell, VA 23047
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