The Budget Inn is an independent Motel located in the Heart of Chilhowie, Virginia. This is only one of two lodging facilities is the area. Owner is retiring and property is priced $130,000 below tax assessment. This is an excellent opportunity to continue the legacy of the Budget Inn or convert the existing units into studio apartments, offices or mini-retail. New metal roof was installed on both buildings in 2013. Main building features 19 rental unit and separate rear building provides for an additional 10 units. Some owner financing is available, contact listing agent for additional information. - Area description: Smyth County is proactive in partnering with businesses and industries looking for the ideal setting to establish or to grow. They take pride in their desire to ask the right questions and then to respond to the needs of their commercial community. Can't you imagine your business here? They can. And, there ready to partner with you to make it a profitable reality. Smyth County works for us and it can work for you.
Smyth County is located in the lower portion of the Great Valley of Western Virginia. Interstate 81 runs through the county's central valley, and intersects with Interstate 77 approximately 25 miles northeast of the Town of Marion. Three towns are located in Smyth County: Marion (the county seat), Chilhowie, and Saltville. The county has three major valleys carved by the three forks of the Holston River, and a large portion of the county is located within the boundaries of a popular tourist destination, Mount Rogers National Recreation Area. Every year, thousands of visitors and county residents alike enjoy Hungry Mother State Park and the Mount Rogers National Recreation Area.
When you come to experience the community within Smyth County, you will find a county that will go Beyond Your Expectations! - Number of units: 29 - Building condition: Average
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