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2300 Fall Hill Avenue

Updated Nov 24, 2025

FXBG Opportunity Zone LLC Purchases Office Property From Mary Washington Hospital For $4M In Fredericksburg VA
SOLDOffice

FXBG Opportunity Zone LLC Purchases Office Property From Mary Washington Hospital For $4M In Fredericksburg VA

2300 Fall Hill Avenue

$4,000,000

Building Size

Asset Type

Office

Closing

Nov 19, 2025

About this deal

AI

The property involved in this transaction is an office asset located at 2300 Fall Hill Avenue in Fredericksburg, VA. The sale price for this property was $4,000,000. It was previously utilized as the administrative offices of Mary Washington Hospital, Inc.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $4,000,000
  • Buyer: FXBG Opportunity Zone, LLC
  • Seller: Mary Washington Hospital, Inc
  • Broker: Ben Keddie - Coldwell Banker
  • Sale Date: 11/19/2025

Ben Keddie from Coldwell Banker was the broker representing the transaction, facilitating the sale between FXBG Opportunity Zone, LLC and Mary Washington Hospital, Inc for the office property. This transaction reflects a significant movement in the Fredericksburg market.

Players

Ben Keddie

Coldwell Banker

Broker

$4M

vol

1 deal

Broker
Coldwell Banker
Coldwell BankerBrokerage

Fredericksburg Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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