Super 8

Price: $1,975,000

Location: MD

Units: 50

NEW LISTING

Property Overview:

This 50-unit limited service Super 8 is ideally located at the intersection of two major Interstates in Maryland.

The facility, built in 1986, consists of 50 guestrooms in (1) two-story building.  The property also includes a lobby, front desk area, guest laundry, breakfast room, and space available for owner / manager’s living quarters, all of which is situated on +/- 1.115 acres of land with excellent accessibility and visibility from a major U.S. Highway.

Physical Features: 

  1. Two-Story
  2. Guest Laundry Facility
  3. Space available for owner/ manager’s living quarters
  4. Interior & Exterior Corridor Design
  5. +/- 1.115 acres of land (fee simple)

Investment Considerations:

  1. Ideally located just off a major U.S. Highway at the intersection of two Interstates, and within close proximity to an array of area demand generators
  2. Excellent opportunity with a first-time buyer
  3. Priced well below replacement cost at $39,500 per unit
  4. Very good physical plant with recent renovations to include new carpet and soft goods
  5. Absentee ownership
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