21,963 SF Hospitality Building Offered at $3,850,000 at a 12% Cap Rate in Colonial Beach, VA

Hotels  Virginia  Colonial Beach

30 Colonial Ave, Colonial Beach, VA 22443
EXECUTIVE SUMMARY
Waterfront property
PROPERTY FACTS UNDER CONTRACT
Price $3,850,000 Lot Size 1.61 AC
Price Per Room $64,167 Building Size 21,963 SF
Sale Type Investment No. Rooms 60
Cap Rate 12% No. Stories 2
Property Type Hospitality Year Built 1989
Property Subtype Hotel Corridor Exterior
Building Class C Opportunity Zone No
AMENITIES
Pool