Strong & Growing Cash Flow: The Hotel currently achieves $1.25 million in NOI and a corresponding 40% flow through in the September 2024 TTM period.  Occupancy always increases following an extensive renovation.

Excellent Visibility Near Major Highways: The Hotel is located directly off Interstate 95, benefiting from substantial passenger and vehicle traffic. The Hotel is proximate to all the area demand.

Marriott Brand Affiliation: The SpringHill Suites Edgewood Aberdeen benefits from its Marriott affiliation.  A top brand within the CFRST family, the Hotel makes a compelling investment opportunity for buyers.  The all-suite configuration appeals to business travelers and families, alike.

Excellent Condition: Having recently completed a major renovation, the Hotel is in as-new condition.  A new owner can focus on profitability and sales without dealing with an exhausting multi-year construction zone.

Enhanced F&B: The Hotel's new, modern lobby bar with bite options, to be completed by February 1, 2025, will increase already strong revenues and NOI, as well as attract business from the competition.

Increasing Potential for Business and Government Travel: There is documented 10% year-over-year increased business for important government-related travel.  Further, the GSA travel per diem has increased from $108 to $113, effective October 1, 2024, which has not yet impacted the EBITDA.

No New Supply: There is no new supply stated in the market.

Offered Well Below Replacement Cost: The opportunity to acquire this asset well below replacement cost allows an investor to benefit substantially from a combination of location in a growing economy and upside opportunity. The national average cost of building a hotel has increased significantly in the past few years. Given the size and condition of this Hotel, as well as the increased cost of labor and supplies in today’s market, we can reasonably assume that the construction of this Property would be significantly more than the target selling price of this asset.

Evolving Market Demand: Several new existing blocks of demand are entering the market.

Offered Unencumbered by Management: The SpringHill Suites Edgewood Aberdeen is being offered unencumbered by a management agreement. An investor possesses the opportunity to bring in a new management company or to act as an owner/operator and seek to revamp the operational strategy of the Hotel, implement strategic cost control initiatives, and employ more aggressive yield management strategies. Or, current management can remain.