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1557 Main St
Altavista, VA 24517
Days Inn Altavista · Hospitality Property For Sale · 23,413 SF

INVESTMENT HIGHLIGHTS

  • Fee Simple Interest in the 65-Room, Limited-Service Hotel off US Route 29 (13,741 VPD) and Main St (7,830 VPD) in the Lynchburg MSA
  • Potential Conversion Opportunity to Country Inn & Suites by Radisson or Clarion Pointe by Choice
  • ?Lynchburg/Altavista Market Already Rebounded from the COVID-19 Pandemic & Out-Performing their Pre-COVID RevPAR
  • Two-Story, Interior Corridor, Well-Kept Physical Plant | Former Holiday Inn Express (2002 YOC)
  • Underperforming Property with Rank 6 out of 9 for RevPAR in the STR Report | Significant Revenue Upside with Hands-On Management

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.90 AC
Building Size 23,413 SF
No. Stories 1
Year Built 2001
Corridor Interior

AMENITIES

  • Fitness Center
  • Meeting Event Space

PROPERTY TAXES

ZONING

Zoning Code C-1
  • Listing ID: 25194710

  • Date on Market: 3/7/2022

  • Last Updated:

  • Address: 1557 Main St, Altavista, VA 24517