This Property is no longer advertised on Showcase.com.
Off Market
1/6

4235 Market Center Dr
King George, VA 22485


HIGHLIGHTS

  • Newest Hotel in the market and the only Extended Stay
  • Strong - Consistent performance
  • Low operating costs

OVERVIEW

Available now this 64 room My Place Hotel has consistently run nearly 80% occupancy since it’s opening. Positioned as an economy extended stay product, the hotel is very efficient to operate and would present and owner-operator with great upside. The market is growing and diverse with a substantial amount of government related business and a growing tourism / recreational market. The recent completion of the Nice Memorial Bridge opened up another North / South route between Northern Virginia / Maryland and all areas south including Norfolk, VA. Beach, and the Outer Banks.

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

My Place Hotel Dahlgren/King George

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

64000

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2020

PARKING SPACES

65

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C1

APN/PARCEL ID

9-9-10B