- For Sale Contact for pricing
- Property Type Other
- Lot Size 3.74 SF
- Additional Rent Contact for pricing
- Year Built 2001
- Date Updated Sep 7, 2024
Property tours are by APPOINTMENT ONLY. Any attempts to visit/contact property without agent approval will result in a ban from all future listings! Prospective buyers can view financial history including revenue, NOI, ADR, and Occupancy by clicking "Download OM" and signing a confidentiality agreement. This property is currently listed as unpriced. NO PRICING GUIDANCE IS AVAILABLE. Ownership will review and respond to all offers and ultimately select the offer with the best price and terms.
Colliers, as an exclusive representative of the seller, is pleased to present to qualified purchasers, the Comfort Suites Manassas, located at 7350 Williamson Blvd, Manassas, VA 20109. The Comfort Suites is a four-story, interior corridor, limited-service offering constructed in 2001. The hotel is conveniently located 40 minutes (31 miles) from Washington DC. The hotel sits on 3.74 acres positioned conveniently in a high-traffic retail suburb of Northern Virginia on Williamson Blvd (12,473 vehicles per day) near the intersection of Route 234/Sudley Rd (52,797 vehicles per day), Balls Ford Rd (23,760 vehicles per day) and Interstate 66 (151,438 vehicles per day). The hotel is offered with fee-simple interest, unencumbered of management. It is expected that a prospective purchaser may be able to secure a new 20-year franchise agreement with the Comfort Suites flag under Choice Hotels upon the completion of a modest Change-in-Ownership Property Improvement Plan, which is ordered and available for qualified purchasers to review.* Ownership at the hotel currently sponsors an SBA 504 loan, which has a potentially assumable ~$3.2MM CDC piece at an extremely low interest rate.
Operationally, upside remains for a prospective purchaser through hands-on sales and management efforts upon completion of a change-in-ownership PIP to position the hotel better against it’s competitive set. As notated by the 2023 STR Monthly Trends Report, the hotel ranked as 3rd of 6 in 2023, 4th of 6 in 2022, and 3rd of 6 in 2021 for Occupancy. Similarly, the hotel ranked as 4th of 6 in 2023, 4th of 6 in 2022, and 4th of 6 in 2021 for ADR. This contributed to a ranking of 4th of 6 in 2023, 4th of 6 in 2022, and 4th of 6 in 2021 for RevPAR. Given the hotel’s historical ADR penetration indexes of 93.2% in 2023, 96.5% in 2022, and 94.7% in 2021, a prospective purchaser could expect to significantly increase ADR at the hotel upon renovating to thereby increase RevPAR and overall returns. This is versus a competitive set of Wyndham Garden Manassas (1973 construction), Best Western Manassas (1973 exterior-corridor construction), Hampton Inn Manassas (1989 construction), Courtyard Manassas (1989 construction) and Holiday Inn Manassas (2007 construction). Given the Comfort Suites superior location within the competitive set, the relatively new vintage of the building versus the competitive set (2001), and the upcoming renovation and management change upon purchase, a prospective purchaser could significantly increase revenue and implement cost cutting strategies to boost net operating income and overall re turns.
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Contacts
Prashant Merchant
Nicholas Wade
Location
Getting Around
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Walk Score ®
65/100 Somewhat Walkable
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Bike Score ®
40/100 Somewhat Bikeable
- City Manassas, VA
- Neighborhood Sudley
- Zip Code 20109
- Market Washington DC Suburban Maryland
Points of Interest
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Broad Run
4.66 miles
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RaceWay
0.21 miles
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Sunoco
0.23 miles
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Exxon
0.28 miles
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Shell
0.30 miles
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BP
0.31 miles
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Shell
0.66 miles
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7-Eleven
0.77 miles
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Costco Gasoline
0.81 miles
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Exxon
0.92 miles
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Sheetz
0.94 miles
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Student Parking (B1)
0.80 miles
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Faculty/Staff Parking (A1)
0.91 miles
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Meter Parking (ME)
0.92 miles
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Official State Vehicle Parking (O)
0.98 miles
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Student Parking (B3)
1.00 miles
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Faculty/Staff Parking (A2)
1.00 miles
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Faculty/Staff Parking (A3)
1.01 miles
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Student Parking (B4)
1.03 miles
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Portsmouth Road Park and Ride
1.11 miles
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Handicapped
1.14 miles
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Comfort Suites
0.01 miles
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Residence Inn by Marriott Manassas Battlefield Park
0.07 miles
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Hampton
0.11 miles
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Quality Inn
0.20 miles
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Red Roof Inn
0.30 miles
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Best Western Battlefield Inn
0.38 miles
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Super 8 Manassas
0.42 miles
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Holiday Inn Manassas - Battlefield
0.47 miles
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Wyndham Gardens
0.51 miles
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Budget Hotels Inc
0.55 miles
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Dunkin'
0.14 miles
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TGI Friday's
0.15 miles
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Chipotle
0.18 miles
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Pizza Hut
0.20 miles
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City Grille
0.21 miles
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Checkers
0.26 miles
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Bob Evans
0.27 miles
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McDonald's
0.28 miles
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Arby's
0.29 miles
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Sonic
0.30 miles
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Aviation Institute of Maintenance
0.11 miles
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Strayer University
0.69 miles
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Sinclair Elementary School
0.74 miles
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Northern Virginia Community College - Manassas Campus
0.78 miles
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Unity Braxton Middle School
1.07 miles
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ECPI University - Medical Careers Institute
1.23 miles
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West Gate Elementary School
1.38 miles
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Sudley Elementary School
1.47 miles
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Fairmont Christian Preparatory School
1.58 miles
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Manassas Adventist Preparatory School
1.64 miles
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KinderCare
0.52 miles
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The Learning Experience
0.98 miles
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Alternative Paths Training School
1.79 miles
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Greater Mount Calvary Christian Preschool
1.91 miles
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The Merit School
2.52 miles
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Paty Kake Preschool and Day Care
3.21 miles
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Kinderkidz Learning Center
3.63 miles
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KinderCare
4.14 miles
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Bristow Montessori School
4.17 miles
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The Merit School of Old Town
4.29 miles
Frequently Asked Questions
How much does Comfort Suites Manassas Battlefield Park cost?
The sale price for Comfort Suites Manassas Battlefield Park is available upon request. Contact the listing broker for more information.
What is the total square footage of Comfort Suites Manassas Battlefield Park?
Comfort Suites Manassas Battlefield Park totals 74,260 square feet.
When was this property built?
Comfort Suites Manassas Battlefield Park was built in 2001.
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