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This Hospitality Property is no longer advertised on LoopNet.com.

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
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

PROPERTY TAXES

Parcel Number
7883-62-1482
Land Assessment
$897,800
Improvements Assessment
$2,532,700
Total Assessment
$3,430,500

zoning

Zoning Code B-3
B-3
  • Listing ID: 23967011

  • Date on Market: 8/24/2021

  • Last Updated:

  • Address: 16102 Theme Park Way, Doswell, VA 23047

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