12251 Jefferson Ave | Newport News, VA 23602
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12251 Jefferson Ave
Newport News, VA 23602
Hampton Inn & Suites Newport News (Oyster · Hospitality Property For Sale · 84,284 SF
Investment Highlights
- Significantly below Replacement Costs at $89,983/Key
- Compete PIP completed in 2014, Lobby re-modeled 2017
- Located in the main business and tourism corridor
- Consistent performing asset priced at 3x RRM
- Slab / Block construction with pitched roof
- Close to I-64 and the Williamsburg/Newport News Airport
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1995/2013 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.65 AC | Parking Ratio | 1.63/1,000 SF |
| Building Size | 84,284 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.65 AC |
| Building Size | 84,284 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1995/2013 |
| Tenancy | Single |
| Parking Ratio | 1.63/1,000 SF |
| Corridor | Interior |
Amenities
- Fitness Center
- Pool
- Shuttle Service
- High Speed Internet Access
- Meeting Event Space
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | 141.00-01-28 | Improvements Assessment | $9,132,700 |
| Land Assessment | $1,648,400 | Total Assessment | $10,781,100 |
PROPERTY TAXES
Parcel Number
141.00-01-28
Land Assessment
$1,648,400
Improvements Assessment
$9,132,700
Total Assessment
$10,781,100
zoning
| Zoning Code | C1 |
| C1 |
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