Listed by Hotel Brokers Of America, Bang Realty, Hotel Brokers Inc
$3,300,000
Travelodge
Details
APN 041A-001-0000-0130
Property Type Hospitality
Sub Type Hotel
Square Footage 37,184
Keys 70
Cap Rate 8.78%
NOI $330,831
Occupancy 40.78%
Year Built 1999
Year Renovated 2006
Buildings 5
Lot Size (SqFt) 268,765
Sale Condition For sale by owner
Hospitality | 70 Keys | $50,000/key
Marketing description
The hotel o ers comfortable and convenient amenities suited for both business and leisure travelers. Guests can begin the day with the complimentary Bear Bites Breakfast and enjoy 24-hour access to co ee and tea. Spacious rooms feature free high-speed Wi-Fi, ironing facilities, in-room safes, sitting areas, flat-screen HDTVs, and co ee or tea makers, with select rooms o ering smart TVs. The property is pet friendly, with applicable fees.
Investment highlights
- Low Price Per Key: ~$50,000 per room
- Perfect owner operator opportunity
- No PIP Required – Immediate operational continuity
- Attractive Entry Basis with upside through modest operational improvements
- SBA & Conventional Financing Eligible
- Strategic Interstate Location at the junction of I-77 & I-81
- Strong Leisure & Event-Driven Demand year-round
- Property Overview
- Hotel: Travelodge by Wyndham
- Location: Wytheville
- Keys: 70
- Stories: 2 (Exterior Corridor)
- Franchise: Wyndham – Travelodge Brand
- Condition: No Property Improvement Plan (PIP) required
- Asking Price: $3,500,000
- Price Per Key: ~$50,000
- Click here to access the buyers vault
- Location & Accessibility
- Positioned directly at the I-77 / I-81 interchange, serving north-south and east-west traffic corridors
- Highly visible and easily accessible for transient, leisure, and event-driven travelers
- Centrally located between major Virginia and Appalachian regional markets
- Demand Drivers
- Transportation & Regional Access
- I-77 & I-81 interchange traffic
- Gateway location for travelers moving between the Southeast and Mid-Atlantic
- Sports & Events
- Regional sports tournaments (youth, high school, and amateur leagues)
- Seasonal athletic competitions drawing multi-night stays Festivals & Tourism
- Local festivals and community events throughout the year
- Famous Veterans Wall events (May–June) attracting significant regional visitation Outdoor Recreation
- Blue Ridge Mountains
Listing Contacts
Listed by Hotel Brokers Of America, Bang Realty, Hotel Brokers Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$330,831.00
$27,569.25/mo
Valuation Metrics
0
DSCR
10.03%
Cap Rate
10.03%
ROI
Map
Zoning
B-2 CommercialGeneral CommercialBusiness
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View all 60 uses Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
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