Studio 6 – (New Construction)

Location: Virginia

Units: 80


Property Overview:

The Property is a 80-unit extended stay facility currently under construction and scheduled to open in the Fall of 2024. This new construction facility will consists of a five-stories structure containing 80 interior corridor guestrooms to include kitchenettes in all guestrooms. The property will also feature a spacious lobby, guest laundry, fitness room, and a spacious lobby, all of which is situated on +/- 1.28 acres of and with excellent roadside visibility.

Physical Features: 

  1. Interior corridor
  2. Five story
  3. All “suite” kitchenette rooms
  4. +/- 1.28 acres of land
  5. Exercise facility
  6. Under Construction and scheduled to open in the Fall of 2024

Investment Considerations:

  1. Strategically located to the property’s many demand generators to include transportation, shopping, and commercial demand generators.
  2. The area of the subject property is seeing a great deal of ongoing new development
  3. Seller assisted financing for a qualified Buyer