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Rare opportunity to acquire a Washington DC MSA Hotel Located near Dulles Airport

 

RealINSIGHT Marketplace and Berkadia Hotels and Hospitality Group (“Berkadia”) are pleased to present the opportunity to purchase the Wingate Chantilly / Dulles Airport, a well-maintained, 4-story, interior corridor hotel with 131 guestrooms. The Hotel is available fee simple and unencumbered by both debt and management.

 

The Wingate is strategically located off Route 50 just east of the Highway 28 junction. With excellent regional connectivity via the aforementioned thoroughfares, the Hotel offers guests direct access to some of the region’s top business demand generators including National Reconnaissance Office, American Registry for Internet Numbers, Dulles International Airport, and the Inova Fair Oaks Hospital.

 

Moreover, the Hotel conveniently neighbors Steven F. Udvar-Hazy Center, Dulles Expo Center, and the NRA Firearms Museum. Hotel guests have additional access to a variety of leisure options including Fair Oaks Mall, Chantilly National Golf & Country Club, and International Country Club. Finally, the Chantilly region’s excellent connectivity provides guests with easy access to Dulles International Airport and Washington’s D.C.’s museums, monuments, and attractions the latter of which is less than a 40-minute drive from the Hotel.

 

Wingate Chantilly / Dulles Airport guests have access to a complimentary airport shuttle, complimentary breakfast buffet, heated indoor pool, whirlpool, fitness center, laundry facilities, business center, dry cleaning and laundry services and 1,100 square feet of flexible meeting and event space across three rooms.

 

The Hotel’s well-maintained guestrooms feature individual temperature controls, flat-screen television with premium cable channels, alarm clock radios, a comfortable living and work areas and complimentary Wi-Fi.

 

Auctioneer:

Lamar P. Fisher License No. 2907003627

Fisher Auction Co. License No. 2908000783
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Berkadia’s capital sources enable short, intermediate, and long-term solutions that meet your needs in the acquisition and repositioning of your asset.

Berkadia’s team of capital market professionals can provide access to the capital you need through flexible, customized lending solutions

Benefits include:

  • Lender Access to the property to conduct Lender inspections and 3rd party reports
  • Additional time (PSA will allow for a 45 day closing period) of 60 day closing period
  • Seller will accept additional requests for information requested through Berkadia for Lender Due Diligence, Underwriting, and Documentation (seller will accept requests but cannot rep or warrant requested items are in its possession or able to be produced).

 

How do you receive these benefits?

    1. Contact the Debt Placement Broker (now)
    2. Complete Finance Pre-Screening (before auction)
    3. Complete Debt Placement Agreement (before auction)
    4. Complete Bid Registration Process (before auction)
    5. Win Auction
    6. Fulfill lender checklist
    7. Close Loan
 

INDUSTRY LEADING MORTGAGE BANKING FIRM

Berkadia is an industry-leading real estate company, providing comprehensive capital solutions.

With a focused expertise, the Berkaida Hotels and Hospitality has the experience and relationships to provide the acquisition financing solution that is right for you.

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Wingate Inn Chantilly

3940 Centerview Drive, Chantilly, VA 20151

Sold

Asset Snapshot

  • Asset Type
  • Real Estate
  • Hospitality Type
  • Limited Service
  • Property Size
  • 131 Rooms
  • Function Space Area
  • 1,242 Sq Ft
  • Land Area
  • 2.63 Acres
  • Year Built
  • 2001
  • Number of Floors
  • 4
  • Number of Buildings
  • 1
  • Parking Count
  • 161
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.