Unknown Buyer Acquires Property At 44620 Waxpool Rd Ashburn VA For $30 Million With Berkadia Representation

The property involved in this transaction is a dual-brand hotel offering, specifically Embassy Suites and Homewood Suites, located at 44610 and 44620 Waxpool Road, Ashburn, VA, 20147. The total sale price for the property was $30,000,000.00, which encompasses a 244-room suites product. The hotels provide various accommodations, including single rooms and suites. Amenities featured at the property include an outdoor pool, fitness center, on-site restaurant, complimentary airport shuttle service, pet-friendly rooms, and flexible meeting spaces. The property is located three miles north of Washington Dulles International Airport, with a 30-minute drive to Washington D.C.

Summary of transation details:

• Property Type: Hotel
• Transaction Amount: $30,000,000.00
• Address: 44620 Waxpool Rd, Ashburn, VA, 20147
• Market: Ashburn
• Seller's Representative: Dan Hawkins-Berkadia, John Kluh-Berkadia, John Testerman-Berkadia
• Seller: The Buccini/Pollin Group
• Buyer: Unknown
• Deal Closing Date: May 28

The deal was orchestrated by a team from Berkadia Hotels & Hospitality, specifically Dan Hawkins, John Kluh, and John Testerman, who represented the seller, The Buccini/Pollin Group. The identity of the buyer remains undisclosed.