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1 Thurber StWarwick, RI 02886
Hilton Garden Inn Providence Airport/Warwick
Asset ClassHotel & Hospitality
Recently Renovated, Hilton-Branded Hotel in Warwick, Rhode Island
overview of deal

Overview

Investment Overview

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer, on an exclusive basis, the fee simple interest in the 166-room Hilton Garden Inn Providence Airport Warwick (the “Hotel” or “Property”). Through September of 2023, the owner has invested nearly $6.0 million (~$35,000/key) into the Hotel. The on- property amenities include an indoor pool, fitness center, on-site restaurants, and meeting space.

 

The Hilton Garden Inn Providence Airport Warwick offers investors the opportunity to acquire a recently renovated, Hilton-branded hotel in Warwick, Rhode Island. The Property benefits from strong in-place cash flow. The Hotel is being offered unencumbered by management and at a significant discount to replacement cost in the high-barrier New England hospitality market.

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Investment Highlights

  • Convenient Rhode Island Location
  • Access to Diverse Demand Drivers
  • Recently Renovated Hotel
  • Industry-Leading Hilton Brand Affiliation
  • Strong In-Place Cash Flow
  • Unencumbered by Management
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1 Thurber StWarwick, RI 02886

Sales Team

Alan SuzukiManaging Director(617) 848-1575alan.suzuki@jll.com
Ketan PatelManaging Director(410) 598-7595ketan.patel1@jll.com
Matthew EnrightSenior Director(617) 848-1851matthew.enright@jll.com
Amy LousararianManaging Director(617) 338-5132amy.lousararian@jll.com
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