Recently Opened DC Area TownePlace Suites

Woodbridge, Virginia

Confidentiality Agreement & Data Room Access

Building

Stats

  • Property Type Hospitality - Select Service
  • Year built 2020
  • Price $14,000,000

Overview

Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the TownePlace Suites Potomac Mills Woodbridge (hereinafter “Property” or “Hotel”), a select-service hotel located in Woodbridge, Virginia. The Property is a four-story, interior corridor hotel that opened in 2020. The Hotel has a Bar-B-Q picnic area, breakfast buffet area, convenience store, fitness center, indoor swimming pool, and one event room with 1,255 SF of space. Additionally, the property has a second 4,500 SF space on the lower level that could be converted to retail or additional banquette space. Banquette space is in short supply and should produce higher revenue for the property.

Highlights

91 Non-smoking guestrooms, four-story, interior corridor, large outdoor breakfast and function space

Top performing Marriott TownePlace brand well positioned for recovery
Extended Stay brands are the leading segment of the industry

Located directly across the street from the growing Potomac Mills Mall with high barriers to entry

Location Map

Downloads

Profit and Loss T12 April 2021.pdf

April 2021 STR

March 2021 STR

September 2020 STR

July 12 2020 Weekly STR

Offering Memorandum

Avison Young Spreadsheet

Team

Christopher Kilcullen

Christopher Kilcullen

Senior Hospitality Broker
Avison Young
+1 303 250 8338