212-812-5700
1741 W Nursery Rd, Linthicum, MD for Sale
Hospitality - FOR SALE
1/4
null | 4.4% Cap Rate

1741 W Nursery Rd
Linthicum, MD 21090


HIGHLIGHTS

  • Exceptional location with a deep steady base of demand
  • Substantial RevPAR and NOI upside
  • Offered Well Below Replacement Cost
  • Unencumbered by Management
  • Accretive Highly Attractive and Long-Term Assumable Debt

OVERVIEW

JLL’s Hotels & Hospitality Group is pleased to offer for sale the fee simple interest in the 155-room Aloft BWI Baltimore Washington International Airport (the “Hotel” or “Property”) in Linthicum Heights, Maryland. This premium branded Hotel benefits from its strategic location just north of Baltimore/ Washington International Thurgood Marshall Airport (BWI), and proximity to many of the region’s largest employers including Berry Global; University of Maryland Medical System; Ciena; NSA’s Friendship Annex (FANX), which serves multiple roles including the primary campus of the National Cryptologic School; and multiple campuses for Northrop Grumman, including the headquarters of Northrop Grumman Mission Systems. This offering represents an excellent opportunity to acquire a highly desired Marriott branded Property with institutional-quality, six-story construction, and diverse demand segmentation. There is exceptional upside in future cash flow through PIP-required renovations, improving market fundamentals, and focused hands-on management. Furthermore, there is highly attractive and long-term assumable debt available for this Hotel. The Hotel is offered free and clear of management and at a significant discount to replacement cost.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

155

CAP RATE

4.4%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

aloft BWI Baltimore Washington International

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2009

PARKING SPACES

193

LAND DETAILS

LAND ACRES

3.93 AC

LAND SF

171,191 SF

ZONING

W1-BW

APN/PARCEL ID

05-412-90224734

ASK ABOUT THIS PROPERTY

212-812-5700

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212-812-5700

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