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55 Hampton Park BlvdCapitol Heights, MD 20743
La Quinta Inn & Suites by Wyndham DC Metro Capital Beltway
Asset ClassHotel & Hospitality
overview of deal

Overview

Colliers, as an exclusive representative of the seller, is pleased to present to qualified investors the La Quinta Inn & Suites by Wyndham DC Metro Capital Beltway, located at 55 Hampton Park Blvd, Capitol Heights, MD 20743. The subject property is a 174-room, 6-story, interior-corridor, limited-service asset located at the intersection of Interstate 495 (225,351 Vehicles Per Day) and Route 214/Central Ave (53,460 Vehicles Per Day). The property, built in 1983, sits on 2.88 acres of land and is offered with fee-simple interest, unencumbered by debt, and unencumbered by third-party management. The hotel is conveniently located in Capitol Heights, Maryland, equidistance from Washington, DC (11 miles) and College Park, Maryland (17 miles) offering opportunities for overflow tourism, regional events, and business ties, further contributing to the hotel’s guest base.

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Investment Highlights

  • Fee Simple Interest in the 174-Unit, 6-Story, Interior-Corridor, Limited Service La Quinta Inn & Suites by Wyndham
  • 2.88-Acre Site with Access to Interstate 495 (225,351 VPD) and Route 214/Central Ave (53,460 VPD)
  • Immediate Upside through Renovation, Conversion, or Management | 94% RevPAR Penetration Index | 90% ADR Penetration Index
  • Opportunity to Purchase Asset in Immediate Proximity to Washington DC in the Growing Suburb of Capitol Heights
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55 Hampton Park BlvdCapitol Heights, MD 20743

Sales Team

Mathew GannonExecutive Managing Director & Market Leader

License #: 5005865

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