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Hotel For Sale • 52,752 SF
| Fee simple interest in Hampton Inn Norfolk Virginia Beach, a 120-room select-service hotel centrally located in Hampton Roads region |
| Virginia Beach is the most resilient lodging market in the country with the least YoY RevPAR decline from 2019 to 2020 |
| Durable cash flow with 2021 RevPAR figures reaching 91% of 2019 performance |
| Premium Hilton brand with 15-year license renewal in hand |
| Centrally located off I-64 and I-264 with convenient access to Downtown Norfolk (east) and Virginia Beach beaches (west) |
| Surrounded by stable and growing demand drivers including four major military bases, Sentara Leigh Hospital, and redevelopment of a 75-acre Mall |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Norfolk (Northeast Regional - Amtrak) | 10 min | - | 6.1 mi |
| Transit/Subway | Drive | Walk | Distance |
| Newtown Road (Tide Light Rail - Hampton Roads Transit (HRT)) | 1 min | 10 min | 0.5 mi |
| Airport | Drive | Walk | Distance |
| Norfolk International | 13 min | - | 6.6 mi |
| Newport News/Williamsburg International | 48 min | - | 32.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 96 |
| Type: | Surface |
| Included in Rent: | Yes |
