1881 Evelyn Byrd Ave, Harrisonburg, VA 22801-3487

This fee-simple, 72,310 square-foot Quality Inn in Harrisonburg, VA, is offered at $7,000,000 ($96.81/sq ft, $104,478/key). Built in 2007 and extensively renovated in 2023, this three-story, 67-key hotel boasts a prime location near Interstate 81 and US Route 33, experiencing high daily traffic volume (60,000+ vehicles). Its proximity to James Madison University (less than a mile, 22,000+ enrollment) ensures consistent demand. The hotel features a seasonal outdoor pool, complimentary breakfast, and guest laundry facilities. Each of the 67 guest rooms includes a flatscreen TV, work desk, refrigerator, microwave, and coffee maker. The property sits on a 1.66-acre lot (APN: 079 E 9) and is zoned B2. Achieving GOLD status in 2024, placing it in the top 10% of its brand, this hotel presents a strong investment opportunity with potential for increased revenue and market share. Nearby attractions include Edith J. Carrier Arboretum, Atlantic Union Bank Center, JMU Convocation Center, several museums, Massanutten Resort, and Shenandoah National Park, further enhancing its appeal and potential for growth. The property offers ample space to upgrade outdoor amenities and explore boutique or upper-midscale branding options.