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410-489-5900
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MBA Hotel Brokers Inc.
  • Home
  • About MBA
    • Agents
    • Services
  • Hotel Inventory
    • For Sale
    • Recent Sales
  • Sell Your Hotel
  • Resources
    • Affiliates
  • FAQs
  • Login
    • Subscribe
410-489-5900
For Sale Commercial Hotel

HOLIDAY INN EXPRESS

6 Photos

Overview

Features

  • Breakfast Buffet Area
  • Business Center
  • Cable Television
  • Dry Cleaning Services
  • Elevator
  • Fitness Center
  • Garage Parking
  • Laundry Service
  • Meeting Room
  • Non-Smoking
  • Wireless Internet

Description

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.

Click Below to Complete a Confidentiality Agreement and Receive Offering Memorandum:

https://app.hatchbuck.com/OnlineForm/93633624265

Mortgage Calculator

30 Years Fixed
3.5% Interest
  • Principle and Interest

More Information?

To obtain more information about this property, please first register to our site. If you already have an account, login with your corresponding username and password.

Then, please fill out our confidentiality agreement form.

After this is completed, we will send you an email with the property’s information. If you don’t receive an email after a couple minutes, please check your spam or deleted folder.

If you are having trouble getting this information, please contact info@mbahotels.com

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MBA Hotel Brokers Inc.

MBA Hotel Brokers Inc.

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