Quality Inn & Suites and Econo Lodge

Price: $4,850,000

Location: Maryland

Units: 110

NEW LISTING

Property Overview:

The Property, which previously ran as a 73-Unit Comfort Inn, double-branded in September 2016, and now features a 73-unit limited service Quality Inn & Suites and a 37-unit limited service Econo Lodge.

The Quality Inn & Suites is a two-story “L” shape structure consisting of 73 interior corridor guest rooms, spacious lobby and large breakfast room (shared with Econo Lodge), fitness center, and guest laundry facility.

The Econo Lodge, which underwent complete re-branding renovation in 2016 & 2017, is a two-story structure consisting of 37 interior corridor guest rooms, spacious lobby and large breakfast room (shared with Quality Inn & Suites), business center, and guest laundry facility.

The Quality Inn & Suites and Econo Lodge are situated on a total of +/- 3.57 acres of land (fee simple) with excellent visibility and accessibility on U.S. Highway 40.

Physical Features: 

  1. Two-Story
  2. Interior Corridor Design
  3. Solid Construction
  4. +/- 3.57 combined acres (fee simple)

Investment Considerations:

  1. Excellent upside potential for a “hands-on” owner operator to improve revenues and operating margins
  2. Solid construction with recent renovations
  3. Double branded facility offers diverse customer base
  4. Absentee ownership
  5. (4) apartments that can be used for manager / employee living quarters
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