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Hotel
309 Fieldstone Ln, Blacksburg, VA 24060
Available Now
$500,000
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FOR SALEHospitality / Hotel
Cap Rate
3%
NOI
$1,200
Building Size
6,000SF
Lot Size
3AC
Year Built
2015
Zoning
MX-T
Listing Contacts
AI Property Insights
Distilled from listing data, documents and public records · 30-second read
Hotel in Blacksburg, Virginia, offered at $500,000 at a 3.00% cap on a traditional sale. The single-tenant asset is listed as a value-add investment, with a stated NOI of $1,200 and 80% occupancy.
The property is located at 309 Fieldstone Ln, Blacksburg, VA 24060. It is a single building of 6,000 SF, built in 2015, with 8 stories, on a 3-acre site zoned MX-T. Parking is paved, with a 6:1 parking ratio. Ownership is listed as Upstox.
Why it works
- Value-add hotel investment priced at $500,000
- 3.00% cap rate with $1,200 NOI
- 80% occupancy
- Built in 2015, 8 stories, 6,000 SF
- 3-acre site zoned MX-T with paved parking
AI-generated. Verify figures, lease terms & zoning before relying on them.
More property details
Parking Info
Paved parking with 6:1 parking ratio
Earnest Money Deposit
7%
Occupancy
80%
Tenancy
Single Tenant
Currently Leased
No
Investment
Value Add
Investment Detail
Located at the heart of the city
Sale Type
Traditional Sale
Requested Closing Period
60 days
Due Diligence Period
60 days
Broker Co-op
Yes
Brand
Privately Owned
Typical Floor Size
10,400SF
No of Buildings
1
No of Stories
8
Units
1
Ownership
Upstox
Location & transit
Hotel
Getting around
Buses
Transit data provided by Google. Times and distances are estimates.