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

5793 Greenwich Rd
Virginia Beach, VA 23462

Hampton Inn by Hilton Norfolk/Virginia Beach · Hospitality Property For Sale · 52,752 SF

Investment Highlights

  • Fee simple interest in Hampton Inn Norfolk Virginia Beach, a 120-room select-service hotel centrally located in Hampton Roads region
  • Durable cash flow with 2021 RevPAR figures reaching 91% of 2019 performance
  • Centrally located off I-64 and I-264 with convenient access to Downtown Norfolk (east) and Virginia Beach beaches (west)
  • Virginia Beach is the most resilient lodging market in the country with the least YoY RevPAR decline from 2019 to 2020
  • Premium Hilton brand with 15-year license renewal in hand
  • Surrounded by stable and growing demand drivers including four major military bases, Sentara Leigh Hospital, and redevelopment of a 75-acre Mall

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.00 AC
Building Size 52,752 SF
No. Stories 4
Year Built/Renovated 1990/2019
Tenancy Single
Parking Ratio 1.82/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1467-04-8925
Land Assessment
$772,900
Improvements Assessment
$7,988,700
Total Assessment
$8,761,600

zoning

Zoning Code 17
17
  • Listing ID: 25329815

  • Date on Market: 3/25/2022

  • Last Updated:

  • Address: 5793 Greenwich Rd, Virginia Beach, VA 23462

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