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This Hospitality Property is no longer advertised on LoopNet.ca.

4235 Market Center Dr
King George, VA 22485

My Place Hotel Dahlgren/King George · Hospitality Property For Sale · 64,000 SF

Investment Highlights

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

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.51 AC
Building Size 64,000 SF
No. Stories 3
Year Built 2020
Parking Ratio 1.02/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

About 4235 Market Center Dr , King George, VA 22485

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 9-9-10B
  • 9-9-10
Land Assessment
$1,424,560
Improvements Assessment
$4,932,776
Total Assessment
$6,357,336

zoning

Zoning Code C1
C1
  • Listing ID: 29442179

  • Date on Market: 2023-09-05

  • Last Updated:

  • Address: 4235 Market Center Dr, King George, VA 22485

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