16348 Gateway Ln
King George, VA 22485
Holiday Inn Express & Suites King George · Hospitality Property For Sale
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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 |
| Zoning | C-2 - Central Commercial Zone |
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
| Parcel Number | 9-9-6 | Improvements Assessment | $4,537,700 |
| Land Assessment | $1,348,700 | Total Assessment | $5,886,400 |
