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Comfort Inn Oxon Hill 6363 Oxon Hill Rd

123 Room Hotel Oxon Hill, MD 20745 $10,900,000 ($88,618/Room)

Investment Highlights

  • Recently Renovated Hotel in the Washington, D.C. MSA
  • 2 Miles to National Harbor, a Major Conference & Attraction Venue
  • 7 Miles to Joint Base Anacostia-Bolling and Joint Base Andrews
  • Offering Includes Shovel-Ready Land Approved for 70-Room Hotel
  • 5 Miles to Adventist Fort Washington Medical Center (40k+ Patients Per Year)
  • 8 Miles to Reagan National Airport (23.9M Passengers in 2019)

Executive Summary

Property Tours
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Marcus & Millichap has been chosen to exclusively market for sale the Comfort Inn Oxon Hill, a five-story limited service hotel located two miles from National Harbor. The hotel consists of 123 interior corridor rooms and is located near the intersection of Interstate 495 and State Highway 210. The property completed the full Comfort® Move to Modern renovation at the end of 2019. Major operating equipment was also replaced including new laundry equipment, new hot water heaters and new elevator. The property also has extra land behind it that has been permitted for an additional 60 rooms (Seller to provide additional information).
The Comfort Inn Oxon Hill is conveniently located a 15 minute drive from Downtown Washington, D.C. and several attractions, including the United States Botanic Garden, National Mall, U.S. Capitol Building, and the Kennedy Center, among others. Also located Downtown are the Capital One Arena (home to NBA’s Wizards & NHL’s Capitals) and FedExField (home to NFL’s Washington Football Team). George Washington University, Georgetown University and Howard University are all located within 12 miles of the property. The property benefits from its location in the Washington, D.C. MSA, which saw 24.6 million visitors in 2019 (10th year of record visitation). The area also offers a highly skilled workforce, strong job & population growth and a diversifying economy.
As the capital city of the U.S., Washington, D.C., is located along the Potomac River, just inland from the Chesapeake Bay. In addition to the District of Columbia, the metro encompasses 22 counties and jurisdictions in portions of Maryland, Virginia and West Virginia. The District and inner-ring suburbs are densely populated. Washington, D.C., is the largest city in the metro with a population of 684,200 residents. Amazon has chosen Northern Virginia for its HQ2 headquarters and has more than 2 million square feet of office space under construction. The buildings are expected to house at least 25,000 workers upon completion in 2023, boosting the demand for additional housing options.

Property Facts In Escrow

Price $10,900,000
Price Per Room $88,618
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.92 AC
Building Size 56,484 SF
No. Rooms 123
No. Stories 5
Year Built/Renovated 1986/2019
Parking Ratio 0.97/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Shuttle Service
  • Meeting Event Space
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 123 $119.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-1195189
Land Assessment
$1,271,900
Improvements Assessment
$5,539,200
Total Assessment
$6,811,100

zoning

Zoning Code CSC, County
CSC, County
  • Listing ID: 24777879

  • Date on Market: 1/6/2022

  • Last Updated:

  • Address: 6363 Oxon Hill Rd, Oxon Hill, MD 20745

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