Building Details:
• Year Built: 1954
1305 E Lee Hwy is located in Chilhowie, VA.
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.
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