Lake Wright Properties, LLC

Lake Wright Properties, LLC, operating as Holiday Inn Virginia Beach-Norfolk, is a for-profit limited liability partnership that provides temporary lodging and berthing services to the Department of the Navy Reserve as a prime contractor on single-award and multiple-award blanket purchase agreements, competing full-and-open with no set-aside designation across its entire federal footprint.

The vendor is based in Virginia Beach, Virginia, and operates hotel facilities in Suffolk, Virginia, primarily serving Navy Reserve personnel conducting inactive duty training and temporary duty operations within the Norfolk, Virginia region. Lake Wright Properties holds 79 federal awards spanning nearly two decades, with a combined potential value of $6.6 million and combined dollars obligated of $316 thousand. The vendor's work is entirely in the hotels and motels category (NAICS Hotels except Casino Hotels and Motels; PSC Transportation/Travel/Relocation—Lodging, Hotel/Motel).

Customer concentration is extreme and monolithic. The Department of the Navy Reserve Operational Support Centers accounts for 59 awards ($2.9 million combined potential value), and the Department of the Navy Reserve accounts for 16 awards ($3.5 million combined potential value). Together these two Navy entities represent 99% of awards by count and 98% by combined potential value. Two awards from the Department of the Navy Naval Sea Systems Command and one from the Department of Commerce National Oceanic and Atmospheric Administration round out a four-agency footprint; Navy Reserve lodging is the entirety of the vendor's federal business model.

The vendor operates under five named blanket purchase agreements. The largest by potential value is BPA N6830626A0048, with 6 task orders totaling $1.7 million. BPA N6830625A0040 carries the highest task-order count (12 orders, $1.1 million combined potential value). Remaining vehicles—BPAs N6830619A0012, N6830620A0116, and N6830623A0075—hold 25 task orders with combined potential values of $94 thousand. These are single-award and multiple-award vehicles issued by Navy Reserve Operational Support Centers to procure hotel rooms and associated amenities on a firm-fixed-price basis for Navy Reserve members residing more than 50 miles from their assigned drill sites.

Activity has been volatile. The vendor received 12 awards in 2019, 3 in 2020, 8 in 2022, 16 in 2024, and 7 in 2025 (year-to-date through October 30). Six awards with a combined potential value of $1.7 million face ultimate completion within the next twenty-four months, creating recompete exposure in that window. The most recent award—a single-award BPA from Navy Reserve with a $250,000 ceiling awarded October 1, 2025, running through September 30, 2026—typifies the vendor's current posture: annual firm-fixed-price blanket purchase agreements in the $200,000 to $250,000 range, with task orders issued by Navy Operational Support Centers as lodging demand arises. Two task orders, each valued at $250,000, have already been issued under the FY26 BPA. The vendor has zero subcontract work in the federal portfolio and does not serve as a sub to other contractors.