Property Overview:
The Suburban Studios, which underwent a substantial renovation, is ideally located just off a major interstate in Maryland. The facility is a three-story structure consisting of 81 interior / exterior corridor “suite” guestrooms, as well as, a spacious lobby and Manager apartment, all of which is situated on +/- 1.95 acres of land with excellent roadside visibility.
Physical Features:
- Interior / Exterior corridor guestrooms
- Three story
- Substantial renovations
- +/- 1.95 acres of land
- Managers apartment
- All kitchenette suites
Investment Considerations:
- Strategically located to the property’s many demand generators to include leisure destinations, shopping, and commercial demand generators.
- Based on current condition of the property little to no PIP is expected upon a change of ownership
- The area of the subject property is seeing a great deal of ongoing new development
- Excellent physical plant – the property underwent a substantial renovation / rebranding in CY 2023 to include a new roof, guestroom, commercial areas, etc.
- Upward trending room revenue





