18021-18027 Virgil H Goode Hwy Rocky Mount, VA

Listing office Poe & Cronk Real Estate Group t***@poecronk.com Show Phone

Listing date Nov 24, 2025

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Investment Insights

Based on property information with market context.

The property at 18021 Virgil Goode Hwy features a 7,513 square foot, 16-unit motel that is being completely remodeled. The renovation includes new HVAC units, vinyl plank flooring, and new bathrooms, with everything redone to the bare walls. The building has a new roof and guttering, as well as a new sewer line connection. Additionally, the property at 18027 Virgil Goode Hwy includes a diner, currently under lease for $1,250 per month with yearly options through the end of 2026. The rent rate for 2025 and 2026 is $1,500 per month.

Key Highlights

• Completely remodeled 16‑unit motel with all new interiors including HVAC, flooring, and bathrooms.
• Existing diner on the property generates $1,250/month income with lease options through 2026 (increasing to $1,500/month in 2025 and 2026).
• New roof and guttering.

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Similar Off Market Nearby

• Hometown Inn — 18059 Virgil H Goode Hwy, Rocky Mount, VA 24151
• Redwood Motel — 18021 Virgil H Goode Hwy, Rocky Mount, VA 24151

FAQs

What type of property is this?

Motel - Remodeled 16-unit motel with diner, new HVAC and roof.

Where is this motel located?

The property is located at 18021-18027 Virgil H Goode Hwy Rocky Mount, VA.

What are key features of this property?

This property features: Completely remodeled 16‑unit motel with all new interiors including HVAC, flooring, and bathrooms.; Existing diner on the property generates $1,250/month income with lease options through 2026 (increasing to $1,500/month in 2025 and 2026).; New roof and guttering.