5500 Williamsburg Road
Sandston, VA 23150
MLS #HN9683847

    Est. P&I payment: $8020.58/mo
    Description for 5500 Williamsburg Road, Sandston, VA 23150
    This is a multi purpose zoning (B-3) rooms motel located across the street from Richmond international airport. Recently updated,as well as new roof Currently there is a restaurant adjacent to the property included with this sale rented for $66,000 per year with 3 plus yrs lease in addition to the motel which generate additional income.
    MLS #HN9683847
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    My Notes for MLS #HN9683847

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Hotel/Motel
    • Zoning Code: B-3

    Exterior Features

    • Stories: 3
    • Lot Area Acre: 2.230005
    • Lot Size Area: 97,139
    • Water Front: N
    • Parking Included In List Price: Y
    • Parking: Free,​Prk Space Cnvys

    Interior Features

    • Gross SQFT: 37,623
    • Net SQFT: 30,225

    Utilities Features

    • Sewer Septic: Public Septic,​Public Sewer
    • Water: Public

    Financial Features

    • Price Per Square Foot: 20
    • Total Taxes: 9,224.99
    • Total Taxes Payment Freq: Annually
    • County Tax: 9,193.29
    • County Tax Payment Freq: Annually
    • Tax Year: 2015
    • Improvement Assessment Amount: 319,200
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 737,500
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 1,056,700
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2015
    • Special Tax Assessment: 31.7
    • Special Tax Assessment Payment Freq: Annually
    • Rent Income: 48,000
    • Rent Special Terms: The restaurant adjacent to the property is rented 3yrs remaining current rent $5,​500 per month=$66,​000 a yr.Rent next year $6000 per mont .Multiple offer and interest no low ball offers the only offer client is interested in is close to list or at list price.No p&l tax returns can be provided after letter of intent and POF. Back on the market contract fell through buyer down payment insufficient.

    Community Features

    • City: 10000039503
    • County: Henrico
    • HOA: N
    • Vacation Home: N
    • Advertised Subdivision: GILMOUR PLACE
    • Tax Legal Subdivision: GILMOUR PLACE

    Misc Features

    • Year Built: 1974
    • Vacancy Factor: 60
    • Tenancy: 3+ Year Lease(s)
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No


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    The listing information for 5500 Williamsburg Road, Sandston, VA 23150 was graciously provided by our friends at the listing brokerage, RE/MAX Allegiance

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    P&I Payment $8020.58
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    Last Updated 04/23/2018 at 6:52pm
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