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About This Home
This 0-bedroom, 0-bathroom commercial at 7023 MADDOX BLVD in Chincoteague, VA is listed for $1,900,000 ($209 per sqft). Built in 1980, the home offers 9,072 sqft of living space on a 0.95 acres lot.
Exceptional Investment Opportunity! Discover The Reef Hotel, a boutique hotel on beautiful Chincoteague Island, VA- 1 mile from one of the most visited National Parks in the Country. This well-maintained hotel features 12 spacious villas & 2 charming guest cottages, offering a total of 14 income-generating accommodations.
Guests can enjoy an indoor heated swimming pool, allowing the property year-round revenue. Ideally situated 1 mile from the National Wildlife Refuge & the pristine Assateague beaches, the property is centrally located on Maddox Blvd & all the Island's attractions. This is an outstanding opportunity for investors seeking an established & thriving hospitality business in a sought-after vacation destination. Don't miss out on this rare chance to own a premier property!
Key Features
- Built in 1980
- 0.95 acre lot
Property Details
Monthly Cost Estimate
$10,162/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7023 MADDOX BLVD
Chincoteague, VA 23336
CHINCOTEAGUE
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 7023 MADDOX BLVD is listed at $1,900,000 ($209/sqft). The estimated monthly payment is $8,233 based on 20% down at 6.5% interest.
Key features include: Built in 1980, 0.95 acre lot.
This property is listed by Jenny Barker and can be reached at 9176128799 or jennybarker.esva@gmail.com.
