Marketplace
Diligence open
Candlewood Suites Winchester
Winchester, VirginiaExtended-stay hotelDiligence open — offers reviewed weekly
- Price guidance
- $14.3M guidance
- Keys
- 70
- TTM revenue
- $3.2M
- NOI
- $1.1M
- Occupancy
- 77%
- ADR
- $146
- RevPAR
- $113
- Cap rate
- 7.6%
Public summary
70-key Candlewood Suites hotel in Winchester, VA. Upper-midscale extended-stay asset with branded distribution and Winchester, Virginia demand drivers.
- Candlewood Suites flag with national reservation distribution
- Upper-midscale extended-stay operating model in the Winchester market
- 70 keys with in-place cash flow and brand-standard condition
Seller
Hotel owner, developer, and operator headquartered in Iowa, with properties across Hilton, Marriott, IHG, Choice, and other brand families in markets nationwide.
- Company
- Hawkeye Hotels
- Headquarters
- Coralville, Iowa
- Deal room
- Seller approval required
- Process
- Offers accepted online
Asset and market overview
Location
Winchester, Virginia draws corporate, leisure, and event demand that supports the Candlewood Suites flag.
Asset
Extended-stay hotel operating under the Candlewood Suites brand, offered as an individual asset.
Upside
- Revenue management optimization
- Expense benchmarking against comp set
- Negotiated corporate account growth
Property facts
- Year built
- —
- Last renovated
- —
- Brand class
- Upper-midscale extended-stay
- Brand family
- IHG
- Keys
- 70
- Address
- Winchester, VA