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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 | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2020 |
| Building Class | B | Parking Ratio | 1.02/1,000 SF |
| Lot Size | 1.51 AC | Corridor | Interior |
| Building Size | 64,000 SF |
| 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
| Parcel Numbers | Improvements Assessment | $3,468,900 | |
| Land Assessment | $1,001,800 | Total Assessment | $4,470,700 |
PROPERTY TAXES
zoning
| Zoning Code | C1 |
| C1 |
Learn More About Investing in Hospitality Properties
