2007 Richmond Rd | Williamsburg, VA 23185
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2007 Richmond Rd
Williamsburg, VA 23185
Wingate by Wyndham Williamsburg · Hospitality Property For Sale · 55,904 SF
Investment Highlights
- Prime Central Location to all demand generators
- Great Value-Add opportunity
- Priced at only $33,606 per key
- Several retail and restaurants within walking distance
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built/Renovated | 1988/2024 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.35 AC | Parking Ratio | 0.61/1,000 SF |
| Building Size | 55,904 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.35 AC |
| Building Size | 55,904 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1988/2024 |
| Tenancy | Single |
| Parking Ratio | 0.61/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 2007 Richmond Rd , Williamsburg, VA 23185
This property is located on Williamsburg main business and tourism corridor with several retail and restaurants within walking distance. Priced at only $33,606/key allows for great upside potential. The hotel is a 6 story building inclusive of basement with a brick facade and mansard roofing, serviced with 2 Otis Hydraulic elevators, The properties 122 rooms were renovated in 2015 and overall the property is in excellent condition including the significant parking field.
PROPERTY TAXES
| Parcel Number | C16D-3689-2398 | Improvements Assessment | $2,626,000 |
| Land Assessment | $903,100 | Total Assessment | $3,529,100 |
PROPERTY TAXES
Parcel Number
C16D-3689-2398
Land Assessment
$903,100
Improvements Assessment
$2,626,000
Total Assessment
$3,529,100
zoning
| Zoning Code | GB (General business district) |
| GB (General business district) |
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