146-Room, Limited-Service, Quality Inn Hotel Will Be Auctioned on RealINSIGHT Marketplace

/146-Room, Limited-Service, Quality Inn Hotel Will Be Auctioned on RealINSIGHT Marketplace

146-Room, Limited-Service, Quality Inn Hotel Will Be Auctioned on RealINSIGHT Marketplace

|2019-04-09T09:56:12+00:00April 9th, 2019|

VIRGINIA—April 10, 2019—RealINSIGHT Marketplace and Berkadia are pleased to present the Quality Inn Collinsville, a 146-room, limited-service hotel located in Collinsville, VA for your acquisition consideration. The auction will take place on the online commercial real estate sales platform, RealINSIGHT Marketplace, May 6th – May 8th.

About the Property:

  • Two Buildings
  • Two Floors
  • 146 Rooms
  • Recently Renovated in 2018

This offering provides investors with the opportunity to acquire fee-simple interest in a strategically located Quality Inn hotel. Situated just off Highway 220, which connects to Roanoke to the north and Greensboro, NC to the south, provides guests with convenient local, regional, and national connectivity.

In August 2018, several rooms were taken out of service as part of the Hotel and are currently being rented out monthly as dorms for Patrick Henry Community College students. These rooms do not require housekeeping services, creating an increase in revenue that goes straight to the bottom line.

The Hotel is being offered unencumbered by management.

The Auction will be held on RealINSIGHT Marketplace on Monday, May 6th – Wednesday, May 8th.

For more information on Quality Inn Collinsville Please visit RI-Marketplace.com/QualityInnCollinsville

About RealINSIGHT Marketplace

RealINSIGHT Marketplace is the preeminent platform for CRE transactions, bringing Buyers, Sellers, and Brokers together to efficiently list, market, and close deals. Marketplace allows local, regional, national, and international investors the opportunity to easily review and bid on commercial real estate assets throughout the country. The sales platform is managed by a dedicated team of commercial real estate experts with over $11B in online real estate sales. RealINSIGHT Marketplace has completed over 1.65 B transacted since its inception in early 2017.

Contact: RealINSIGHT Marketplace

marketplace-cs@realinsight.com/8009157015

Contact: Kyle Stevenson | Berkadia

kyle.stevenson@berkadia.com/(240) 204-5129

Contact: John Testerman | Berkadia

john.testerman@berkadia.com /(919) 436-2793

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