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The Land Group, LLC - Farmland, Timberland, Recreational & Development Land on the Delmarva Peninsula

The Land Group, LLC - Farmland, Timberland, Recreational & Development Land on the Delmarva Peninsula
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Alder & Davis Sell Chincoteague, VA Hotel for Redevelopment


JANUARY 2015, CHINCOTEAGUE, VA – Ben Alder and Chris Davis, are pleased to announce the sale of the Anchor Inn in Chincoteague, VA. The waterfront hotel located at 3791 South Main Street has 22 rooms and a marina.

The hotel sold for $1,350,000 and is pending a full redevelopment with the addition of adjacent acreage which will settle in early 2015. “In addition to the other two hotels that have been redeveloped on the Bayfront, this will be another great asset for the town of Chincoteague,” stated Chris Davis. For more information about this transaction or other available properties on the Eastern Shore, contact Ben Alder at [email protected].

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Alder & Davis Sell Chincoteague, VA Hotel for Redevelopment

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BUYING DIRT BEGINS WITH UNDERSTANDING YOUR GOALS FOR THE LAND.  HERE ARE A FEW BASIC QUESTIONS.

First, what is your intended use of the land? Is hunting a priority, farming, or is it a place to build your dream getaway?

Second, is this an investment requiring annualized return or long-term financial planning?

Third, what is the geography of where you want to find this land? This is perhaps the most important factor…

Fourth, are you considering using a local bank or the regional farm credit system to assist you in the acquisition?

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An experienced land broker will assist you in addressing these questions and more, as you enter the land market.

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