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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 with Banquet Space, Restaurant, and Underground Parking |
| D-AD: Downtown Arts and Design District Zoning Which May Permit a Variety of Alternative Uses Including Multifamily Residential |
| Renovated in 2024 | Significant Upside to Prospective Purchaser by Leveraging Recent Renovations |
| 75% RevPAR Penetration Index in 2024 |
| Expected to Trade at a Significant Discount to Replacement Cost |
| 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 |
