2543 Lankford Hwy | Exmore, VA 23350
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2543 Lankford Hwy
Exmore, VA 23350
Quality Inn & Suites Exmore · Hospitality Property For Sale · 36,000 SF
Investment Highlights
- Property tours are by APPOINTMENT ONLY. Any attempts to visit property without agent approval will result in a ban from all future listings.
- RevPAR up 58% in 2021 versus 2019 (Pre-COVID)
- Proximity to Hampton Roads MSA (1 Hour from Norfolk/Virginia Beach)
- Fee Simple Interest in the 52-Room, Two-Story, Partially Interior-Corridor Asset
- Recently Renovated and Offered with Minimal Change-in-Ownership PIP
- Coastal Markets such as Exmore to Rebound with Pent-Up Tourism Demand
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 36,000 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1996/2021 |
| Lot Size | 3.80 AC | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.80 AC |
| Building Size | 36,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1996/2021 |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
PROPERTY TAXES
| Parcel Number | 10A2-A-7A | Improvements Assessment | $1,225,600 |
| Land Assessment | $148,800 | Total Assessment | $1,374,400 |
PROPERTY TAXES
Parcel Number
10A2-A-7A
Land Assessment
$148,800
Improvements Assessment
$1,225,600
Total Assessment
$1,374,400
zoning
| Zoning Code | Commercial/Industrial |
| Commercial/Industrial |
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