Wonderful Flag Hotel

Newport News, VA (Newport News City County)

Wonderful Flag Hotel
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Asking Price: Get Financing: $5,400,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2006

Wonderful Flag Hotel

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Business Description

Outstanding opportunity to own a Flag Hotel 65 rooms All-Suites recently renovated
(2018) located 1 mile from airport and 12 miles from major attractions.

This is a turn-key opportunity 2018 revenues are trending up with the property benefiting from the recent remodeling.and additional military activity and transient traffic.

For more on this excellent Hotel please send contact information

Detailed Information

Real Estate:
Owned
Building SF:
47,853
Facilities:
Recently renovated (2018) 65 room all-suite hotel delivered PIP current. 61 standard suites and 4 large suites with separate bedrooms, new lobby and front desk, all rooms, corridors, case-goods, soft-goods, and wall treatments completed.
Financing:
This property is offered at a 8.5% cap-rate on 2017
Reason for Selling:
out of area
Franchise:
This business is an established franchise
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Seabern Hill

Business Listed By:
Seabern Hill

Hill Brokerage

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