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Hotel For Sale • 211,988 SF
| Fee Simple Interest in the 204-Unit, 12-Story, Full-Service Wyndham Garden in Downtown Norfolk, VA |
| 12-Story, 1951-Built, Concrete Hotel Renovated in 2016 with Banquet Space, Restaurant, and Underground Parking |
| Certified Historic Structure Qualifies for State/Federal Rehabilitation Tax Credit Incentives |
| Assumable $9,000,000 Non-Recourse CMBS Debt In-Place with 4.2% Interest-Only Payments for the Life of the Loan (2029 Maturity) |
| D-AD: Downtown Arts and Design District Zoning May Permit a Variety of Alternative Uses Including Multifamily Residential |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Norfolk (Northeast Regional - Amtrak) | 4 min | - | 1.5 mi |
| Transit/Subway | Drive | Walk | Distance |
| Monticello (LIGHT RAIL TIDE - Hampton Roads Transit (HRT), Tide Light Rail - Hampton Roads Transit (HRT)) | 1 min | 7 min | 0.4 mi |
| York Street / Freemason (Tide Light Rail - Hampton Roads Transit (HRT)) | 2 min | 10 min | 0.5 mi |
| Macarthur Square (Tide Light Rail - Hampton Roads Transit (HRT)) | 2 min | 13 min | 0.7 mi |
| Civic Plaza (Tide Light Rail - Hampton Roads Transit (HRT)) | 2 min | 15 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Norfolk International | 14 min | - | 6.6 mi |
| Newport News/Williamsburg International | 41 min | - | 28.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 322 |
| Type: | Surface |
| Included in Rent: | Yes |
