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The Best Western Old Colony Inn enjoys an excellent location near Ronald Reagan National Airport and Historic Old Town Alexandria, offering easy access to a deep concentration of boutiques, restaurants and theaters. It is also located proximate to downtown Washington DC and its strong base of demand generators, as well as major heritage attractions such as the Smithsonian Institution, the White House, the National Mall and various monuments.
While the property enjoys stable cash flow, it also presents an excellent redevelopment opportunity for a newer, multi-story hotel with up to 180 keys, or multifamily residential.
For more information, please visit our property website:
www.cbremarketplace.com/bwalexandria
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