Suburban Studios

Location: Maryland

Units: 81

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: 

  1. Interior / Exterior corridor guestrooms
  2. Three story
  3. Substantial renovations
  4. +/- 1.95 acres of land
  5. Managers apartment
  6. All kitchenette suites

Investment Considerations:

  1. Strategically located to the property’s many demand generators to include leisure destinations, shopping, and commercial demand generators.
  2. Based on current condition of the property little to no PIP is expected upon a change of ownership 
  3. The area of the subject property is seeing a great deal of ongoing new development
  4. Excellent physical plant – the property underwent a substantial renovation / rebranding in CY 2023 to include a new roof, guestroom, commercial areas, etc.
  5. Upward trending room revenue
{"autoplay":"true","autoplay_speed":"3000","speed":"300","arrows":"true","dots":"false","rtl":"false"}