HREC Investment Advisors (“HREC IA”) is pleased to present the opportunity to acquire the 127-guestroom Element Hampton Peninsula Town Center (sometimes referred to as “Hotel” or “Property”) located at 1851 Merchant Ln, Hampton, VA 23666.

The newly built, extended-stay Element Hampton Peninsula Town Center provides an excellent opportunity for investors to acquire a strategically located asset with strong in place cash flow and top-line upside potential.

Situated along Interstate 64, a major route in the Hampton Roads area, the hotel provides convenient access to the entire metropolitan region, which is known for its diverse industries, including aerospace, defense, healthcare, and manufacturing. The Hotel attracts corporate and government clientele due to its convenient location near major players like Huntington Ingalls Industries and NASA's Langley Research Center. Additionally, the Hotel attains substantial group and transient business because it is situated within the Peninsula Town Center, which features over 25 food and beverage outlets, various retail options for extended-stay guests, a dog park, and various shopping options.

Hampton Roads is a prominent tourist destination, with an annual economic impact of $6.5 billion in the region, including $300 million in Hampton. Major attractions like Virginia Beach and the Historic Triangle draw millions of visitors annually. The area boasts top-notch convention and event facilities such as the Hampton Roads Convention Center, Hampton Coliseum, Boo Williams Sportsplex, and Langley Speedway. Historical sites like Fort Monroe National Monument and local beaches add to the area’s appeal. Higher education institutions like Hampton University, Christopher Newport University, and Virginia Peninsula Community College contribute to the region’s cultural and economic vitality.

This Hotel represents an excellent opportunity to purchase a newly built, turn-key, ideal branded investment located proximate to several key military and corporate demand generators in the desirable Hampton Roads region.