Hampton Roads · Commercial sale
Wcsc buys 221 Bendix Rd in Virginia Beach for $35 million
A hotel at 221 Bendix Rd, Virginia Beach sold for $35,000,000 on July 21, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $35,000,000
- Sold
- July 21, 2026
- Property type
- Hotel
- Lot size
- 84,798 sq ft
- Year built
- 2019
A hotel at 221 Bendix Rd in Virginia Beach sold for $35,000,000 on July 21, 2026, according to the Virginia Beach Real Estate Assessor's sales records. The price represents a 36% jump over the property's market value of $25,718,000 on record.
Wcsc LLC purchased the property, which sits on a 1.95-acre lot, according to the City of Virginia Beach Office of the Real Estate Assessor's records. The hotel was constructed in 2019.
The sale price of $35,000,000 exceeds the most recent earlier sale price of $20,044,700 in 2026, according to the assessor's records.
What this sale costs to close
What does closing cost at this price? Under Virginia Beach custom the seller's larger charges are $35,000 for the grantor's tax and $21,000 for the regional transportation improvement fee (Hampton Roads grantor's tax). The seller's estimated net is $34,769,171 before brokerage commissions and any loan payoff. A cash buyer would need about $35,022,674 at closing.
Source: City of Virginia Beach Real Estate Assessor, property sales (Virginia Beach Open Data), document 202603035110. Property details: City of Virginia Beach Office of the Real Estate Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
