6363 Oxon Hill Rd - Hospitality FOR SALE


Oxon Hill, MD 20745
$10,900,000 USD
909-456-3481
6363 Oxon Hill Rd, Oxon Hill, MD for Sale
$10,900,000 USD
Hospitality - FOR SALE
1/8
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6363 Oxon Hill Rd
Oxon Hill, MD 20745


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/SF

$193 USD /SF

# OF ROOMS

123

PRICE/ROOM

$88,618 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn Oxon Hill

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

55

LAND DETAILS

LAND ACRES

2.92 AC

LAND SF

127,195 SF

ZONING

CSC, County

APN/PARCEL ID

12-1195189

ASK ABOUT THIS PROPERTY

Gordon AllredMarcus & MillichapMore Info
909-456-3481

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Gordon AllredMarcus & MillichapMore Info
909-456-3481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.