The Courtyard Dulles Airport Herndon is a 187-room select-service hotel located in Herndon, Virginia. Sited on 3.3 acres, the hotel is equipped with amenities that include an airport shuttle service, fitness center, business center, restaurant, lounge and free Wi-Fi.. The hotel went through a major renovation in 2018 to reposition the hotel from a Sheraton to a Courtyard by Marriott.
The hotel is located 25 miles northwest of Washington D.C. in Fairfax County which is home to over 1.15 million people, with a median household income of over $128,374. Fairfax County (and neighboring Loudon County) is home to the Dulles Technology Corridor which has been referred to as the “Silicon Valley of the East” and has a current unemployment rate of 2.3% compared to 3.9% for the U.S.
The area is also part of the largest data center market in the world having 70% of all internet traffic travel through it. Over the next 20 years, population in the Dulles Technology Corridor is expected to increase by 45% and job growth by 63%.
|13715 Sayward Boulevard, Herndon, Virginia 20171
|Number of Rooms
The airport services more than 35 airlines and having reached over 24 million annual passengers in 2019 and ranking within the top 30 of all US airports in terms of enplanements in 2020.
The new Innovation Center Station, part of the Silver Line Metro extension on the Metrorail Network that will connect the area to the Dulles Airport and all of Washington D.C., is a 10-minute walk from the hotel.
Named the “Silicon Valley of the East,” given the presence of headquarters of companies such as AEM Corporation, Comcast, Honeywell and Verizon Business, along with a large presence of Google and Amazon Web Services.
The hotel benefits from its proximity to the high concentration of government agencies including the CIA, Pentagon, and the many companies that serve them in northern Virginia.
Numerous companies are headquartered in and around Herndon including XO Communications, AEM Corporation, Comcast, Honeywell, Verizon Business, Volkswagen of America, Fannie Mae and Network Solutions.
Numerous developments are underway within a short proximity to the hotel due to the expansion of the Silver Metro Line which will drive further business to the area.
The Courtyard Dulles Airport Herndon, Marriott brand, is strategically located in Fairfax County in the northwest suburbs of Washington, D.C., roughly 5 miles from the Dulles International Airport and 25 miles from Washington D.C. The location provides access to the metropolitan areas of Washington D.C and Baltimore with ease of connectivity to I-495, I-270, I-95 and I-66. Also, the new Innovation Center Metro Station on the Silver Line Metro is a short walk from the hotel, which will connect guests directly to Dulles International Airport and Downtown Washington, D.C.
© 2024 Avistone, LLC. All rights reserved.
Communications from Avistone, LLC or its affiliates (referred to together as "Avistone"), whether it is transmitted through its website, social media, email, text or any other marketing platform used by Avistone (collectively termed "Avistone Communications") must not be taken as recommendations or endorsements to purchase, sell, or hold any securities. Furthermore, Avistone Communications should not be considered as advice related to investment, taxation, finance, accounting, legal matters, regulations, or compliance.
To gain a comprehensive understanding of the risks associated with the securities mentioned herein or in Avistone Communications, it is essential to review them with related private placement memorandums and other offering documents. Participating in private placements requires substantial financial commitment and the ability to tolerate a complete loss of the investment. Avistone Communications provide a preliminary overview and insights into Avistone sponsored investments, and are intended for initial reference. However, they do not encompass all relevant information and should not be considered a complete representation. The information presented is subject to further updates without notice and qualification as provided in the relevant offering materials. It's important to note that Avistone is not registered as a broker-dealer, and Avistone does not make any claims or warranties regarding the legality of investments in Avistone sponsored investments ("Avistone Investments").
Investing in alternative securities or real property carries inherent risks, are illiquid, may depreciate in value, and is limited to accredited investors under the Securities Act of 1933. These risks include market fluctuations, credit vulnerabilities, interest rate exposure, and potential loss of capital. Before investing, all prospective investors must conduct an independent assessment, evaluate fees, uncertainties, and risks outlined in offering materials, and consult with investment, tax, financial, and legal advisors. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or endorsed any Avistone Investment, or authenticated the accuracy or exhaustiveness of any information or materials furnished via Avistone Communications.
The information in Avistone Communications is not a recommendation, investment advice, or a solicitation to buy, sell, or hold any security or investment strategy. It is not provided in a fiduciary capacity and does not consider an individual investor's specific goals or circumstances. The information reflects Avistone's market interpretation, and the success of Avistone Investments is not guaranteed. Investment decisions should be based on individual goals, in consultation with financial professionals. Past performance does not predict future outcomes. All research and supplementary information in Avistone Communications are for informational purposes only, and Avistone assumes no responsibility for inaccuracies or omissions in the content or linked resources.
The financial and investment benchmarks, including forecasted internal rate of returns (IRR), total return, distribution yields, multiples, and investment holding period returns, displayed on Avistone Communications are projections, subject to change and should not be considered as actual investment outcomes or guarantees of future results. These benchmarks always come with inherent risks, such as market volatility, operational uncertainties, and limited liquidity. Additionally, financial metrics and calculations within Avistone Communications have not undergone independent verification or audit and may differ from actual financial metrics for any investment. The investment data provided is sourced from entities believed to be reliable, but no assertions or warranties are made regarding its accuracy or comprehensiveness, and Avistone assumes no responsibility for any inaccuracies.
Avistone’s historical track record in the industrial sector showing past performance is no guarantee of future results. The performance of Avistone’s prior industrial projects have not been audited by any third party. Not all investors received the same returns due primarily to investments in different property offerings. Full-Cycle Track Record average metrics are based on weighted averages that treat investment dollars equally and are calculated after summing the results of all Avistone full-cycle industrial investments, weighted by each investment's respective capitalization amount for each Full Cycle Investment.
Materials or data emanating from third-party media external to this domain or Avistone Communications may address or refer to Avistone or correspond to information contained herein, however, Avistone does not extend endorsement or accountability for such content. Hyperlinks to external sites or reproduction of content from third-party sources do not denote an endorsement or approval by Avistone of the content thus linked or reproduced.