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16348 Gateway Ln
King George, VA 22485

Holiday Inn Express & Suites King George · Hospitality Property For Sale · 47,792 SF

Investment Highlights

  • Opened November 2017 consistently the market leader
  • Highest rated Holiday Inn & Express Suites in the IHG Region that consists of over 90 Hotels
  • Scored 100% on August 2023 Quality Assurance inspection

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.42 AC
Building Size 47,792 SF
No. Stories 4
Year Built 2017
Parking Ratio 2.24/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

About 16348 Gateway Ln , King George, VA 22485

Consistent performing hotel property scoring a 100% on the August 2023 quality assurance inspection, this property is consistently the market leader. Currently owned by a retail development group and professionally managed by a third party group; this hotel offers great value for an owner/operator adding substantial value to the NOI. The recent completion of the Nice Memorial bridge connecting Maryland and Virginia creating a major North / South route between the Norther Virginia / Maryland and Southern / Eastern Virginia and North Carolina, is generating significantly more traffic and accessibility.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9-9-6
Land Assessment
$1,348,700
Improvements Assessment
$4,537,700
Total Assessment
$5,886,400

zoning

Zoning Code C-2 (Central Commercial Zone)
C-2 (Central Commercial Zone)
  • Listing ID: 29442063

  • Date on Market: 9/5/2023

  • Last Updated:

  • Address: 16348 Gateway Ln, King George, VA 22485

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