Renovated 63-Unit Interior-Corridor
For Sale
Contact for pricing
199 Fort Chiswell Rd, Fort Chiswell, VA 24360
Four-story lodging asset with Hilton affiliation, a recent property improvement program, and an interior guest-room corridor layout.
Property SizeContact for details
Days on Market144
Property Features for 199 Fort Chiswell Rd
General Information
Standard status
Active
Property subtype
Hospitality
Listing Agency:
Colliers - Richmond, Virginia
Listed By:
Luke McKown · License #0225266266
(804) 237-8095
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 5:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Richmond, Virginia
Investment Insights
Based on property information with market context.
The Hampton Inn by Hilton in Fort Chiswell is a 63-unit, four-story hotel on a 1.43-acre lot. Built in 1998, the property underwent extensive renovations during 2020 and 2021, including upgrades to the exterior, lobby, breakfast area, corridors, and guest rooms. The hotel is offered with fee-simple ownership and no debt or third-party management encumbrance.
The property sits at the interchange of Interstate 81 and Interstate 77, with access to State Route 52 and Fort Chiswell Road. Reported traffic volumes are 53,856 vehicles per day at the interstate interchange and 7,581 vehicles per day on State Route 52 / Fort Chiswell Road. A Hilton franchise agreement executed in August 2022 remains in place through August 2037, and a change-in-ownership Property Improvement Plan is available.
The property sits at the interchange of Interstate 81 and Interstate 77, with access to State Route 52 and Fort Chiswell Road. Reported traffic volumes are 53,856 vehicles per day at the interstate interchange and 7,581 vehicles per day on State Route 52 / Fort Chiswell Road. A Hilton franchise agreement executed in August 2022 remains in place through August 2037, and a change-in-ownership Property Improvement Plan is available.
Key Highlights
- 63‑unit, four‑story interior‑corridor hotel constructed in 1998
- Extensive renovations completed in 2020 and 2021
- Situated on a 1.43‑acre lot at the Interstate 81 and Interstate 77 interchange
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Explore this area
Business Placement
Demographics for 24360, VA
5,653
Population
2,638
Households
2.1
Avg Household Size
45
Median Age
14%
College-Educated
95%
High-School Grad
92.4 sq mi
ZIP Area
61
Density / Sq Mi
$61,483
Median Household Income
$41,676
Median Earnings
$844
Median Rent
$211,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Four-story lodging asset with Hilton affiliation, a recent property improvement program, and an interior guest-room corridor layout.
Where is this hotel located?
The property is located at 199 Fort Chiswell Rd Fort Chiswell, VA.
What are key features of this property?
This property features: 63‑unit, four‑story interior‑corridor hotel constructed in 1998; Extensive renovations completed in 2020 and 2021; Situated on a 1.43‑acre lot at the Interstate 81 and Interstate 77 interchange
