16905 Parkdale Rd | Petersburg, VA 23805
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16905 Parkdale Rd
Petersburg, VA 23805
Gateway Inn · Hospitality Property For Sale · 42,153 SF
Investment Highlights
- Fee simple interest in the 90-room exterior-corridor motel with strong occupancy and upside available through conversion to national franchise.
- Approved for Conversion to Travelodge by Wyndham or Surestay by Best Western.
- Under-performing property with value added via branding and marketing implementations.
- 6.56 acres with complete visibility to Interstate-95 which sees 39,465 average vehicles per day.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 42,153 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1975/2015 |
| Lot Size | 6.56 AC | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 6.56 AC |
| Building Size | 42,153 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2015 |
| Corridor | Exterior |
Amenities
- Business Center
- Pool
- Restaurant
- Room Service
PROPERTY TAXES
| Parcel Number | 580-05-00-004-B | Improvements Assessment | $692,700 |
| Land Assessment | $546,000 | Total Assessment | $1,238,700 |
PROPERTY TAXES
Parcel Number
580-05-00-004-B
Land Assessment
$546,000
Improvements Assessment
$692,700
Total Assessment
$1,238,700
zoning
| Zoning Code | Commercial |
| Commercial |
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