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3400 Berkmar Dr, Charlottesville, VA 1065 Hospitality Ln, Fredericksburg, VA 1619 Spring Port Dr, Harrisonburg, VA 441 Charles H Dimmock Pkwy, Colonial Heights, VA
Extended Stay Virginia Portfolio
Asset ClassHotel & Hospitality
Newer-Generation Assets | Diversified Demand | Extended Stay Upside
overview of deal

Overview

The Extended Stay America Premier Suites portfolio offers a rare opportunity to acquire four newer-generation, cash-flowing extended stay hotels across Virginia in a single transaction. Built between 2020 and 2025, the 368-room portfolio combines modern construction, minimal near-term capital requirements, and a proven, labor-efficient operating model that has already produced a blended 2025 operating margin above 50%.

 

Rather than a single-market bet, the portfolio spreads demand across four distinct and durable drivers: university and healthcare demand in Charlottesville and Harrisonburg, and government, military, and logistics demand in Fredericksburg and Colonial Heights. Two of the four properties, Fredericksburg and Harrisonburg, sit within federally designated Opportunity Zones, adding a further layer of potential tax-advantaged return.

 

Combined, the four properties delivered strong revenue and operating profitability in 2025, with meaningful upside still ahead: Charlottesville and Harrisonburg remain in their early stabilization periods, while Fredericksburg and Colonial Heights offer clear paths to further rate optimization. This portfolio delivers immediate scale in the resilient extended-stay segment, diversified exposure across four demand markets, and the operating efficiencies and embedded upside of a unified platform—all in a single transaction.

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Investment Highlights

Scale in a Single Transaction: 368 keys across four newer-generation, extended-stay hotels in a single transaction.

 

Diversified Demand Across Multiple Industries: Captures university, healthcare, government, military, and logistics demand across four distinct submarkets.

 

Proven Portfolio Performance: High-margin operating model with a proven track record and durable, long-term demand.

 

Embedded Tax Advantage: Fredericksburg and Harrisonburg properties sit within federally designated Opportunity Zones.

 

Minimal Near-Term CapEx: Built between 2020 and 2025, the portfolio is expected to require only a limited PIP at one asset, preserving cash flow from day one.

 

Multiple Paths to Upside: Continued stabilization at two assets and rate optimization at the other two create distinct opportunities for growth.

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3400 Berkmar DrCharlottesville, VA 22901

Sales Team

Ami BhowBroker

License #: AZ #SA704817000

(917) 596-6578abhow@newgenadv.com
Rahkiya A. ReidBroker of Record

License #: VA #0225212377

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