Travelodge 70-key Interstate Hotel In Wytheville, VA

$3,500,000 Travelodge by Wyndham in Wytheville, VA featuring 70 keys, $330,831 NOI, and an 8.78% cap rate. Priced at approximately $50,000 per key, this two-story exterior corridor hotel offers immediate operational continuity with no PIP required. Strategically positioned at the interchange of I-77 and I-81, the property captures consistent north-south and east-west transient traffic. Built in 1999 and renovated in 2006, the hotel offers complimentary breakfast, free premium WiFi, 24-hour front desk service, laundry facilities, free parking, sundries shop, and pet-friendly accommodations. Guest rooms include flat-screen HDTVs, in-room safes, sitting areas, ironing facilities, and coffee makers, with select rooms offering smart TVs. Wytheville serves as a gateway between the Southeast and Mid-Atlantic regions, supporting year-round leisure, sports, and event-driven demand. Nearby attractions include the Blue Ridge Mountains, Big Walker Lookout, Beagle Ridge Herb Farm, Wohlfahrt Haus Dinner Theatre, and the Edith Bolling Wilson Birthplace Museum. The property also benefits from regional tournaments, seasonal festivals, and Veterans Wall events. This is an attractive owner-operator opportunity with SBA and conventional financing eligibility, strong interstate visibility, and upside potential through operational improvements in a high-traffic corridor location.