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Hotel-Motel

River Edge Inn

30 Colonial Ave, Colonial Beach, VA 22443

Listing Price: $4,350,000

Cap Rate
9.21%
Number of Rooms
60
RevPAR
$41
Price/Room
$72,500
RRM
5.07
Year Built
1989

Investment Overview

Marcus & Millichap is pleased to offer a fee simple interest in the 60-unit River Edge Inn located in Colonial Beach, Virginia. Each guest unit is equipped with a flatscreen tv and desk with chair. Common area amenities include free on-site parking, complimentary breakfast, and an outdoor swimming pool.
Colonial Beach is one of the few remaining small seaport towns on the Potomac River, situated about halfway between Washington, D.C., and Richmond, Virginia. Its waterfront location makes it a popular weekend getaway, especially for boating, fishing, and other recreational water activities. Additionally, it is located just 11 miles east of George Washington’s birthplace, adding historical significance to the area. Colonial Beach is approximately 35 miles from Fredericksburg, and both Washington, D.C. and Richmond are about a 90-minute drive away, making it an accessible escape from these major cities.

Investment Highlights

  • Fee simple interest in the 60-unit, River Edge Inn located in Colonial Beach, Virginia
  • Beachfront property just steps from Colonial Beach boardwalk with select units offering beachfront views
  • Walking distance to prime retail centers and restaurants
  • CoBe on the Potomac | $25M mixed-use development, partially complete, along the beachfront
  • Proximity to major metros: Richmond, Fredericksburg, and Washington, D.C.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Hotel-Motel

River Edge Inn

Listing Price: $4,350,000

Cap Rate
9.21%
Number of Rooms
60
RevPAR
$41
Price/Room
$72,500
RRM
5.07
Year Built
1989

Investment Highlights

  • Fee simple interest in the 60-unit, River Edge Inn located in Colonial Beach, Virginia
  • Beachfront property just steps from Colonial Beach boardwalk with select units offering beachfront views
  • Walking distance to prime retail centers and restaurants
  • CoBe on the Potomac | $25M mixed-use development, partially complete, along the beachfront
  • Proximity to major metros: Richmond, Fredericksburg, and Washington, D.C.

Investment Overview

Marcus & Millichap is pleased to offer a fee simple interest in the 60-unit River Edge Inn located in Colonial Beach, Virginia. Each guest unit is equipped with a flatscreen tv and desk with chair. Common area amenities include free on-site parking, complimentary breakfast, and an outdoor swimming pool. Colonial Beach is one of the few remaining small seaport towns on the Potomac River, situated about halfway between Washington, D.C., and Richmond, Virginia. Its waterfront location makes it a popular weekend getaway, especially for boating, fishing, and other recreational water activities. Additionally, it is located just 11 miles east of George Washington’s birthplace, adding historical significance to the area. Colonial Beach is approximately 35 miles from Fredericksburg, and both Washington, D.C. and Richmond are about a 90-minute drive away, making it an accessible escape from these major cities.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

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