OFFERED AT $10,100,000 — This very clean and well maintained, interior Holiday Inn Express has 125 rooms and 7 stories. It is located on the I-83 corridor in the Mid-Atlantic Region. This excellent location draws guests from a market mix of corporate, government, leisure and group segments, with the hotel leading its comp set in Occupancy. Numerous major demand generators are easily and quickly accessible. Seller is about midway through implementation of the Formula Blue PIP, with the remaining requirements being the Buyer’s responsibility. Motivated Seller, and priced to sell at 3.4X Revenue. Several current owner expenses can be eliminated. LEADING COMP SET FOR OCCUPANCY AND REVPAR ON MARCH 2026 STR. Projected first year annual revenue for Buyer is $2.95M, with an NOI of at least 35% of revenue.
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