Map pin8330 Corporate Dr, Landover, MD, 20785-2234, US

Courtyard New Carrollton Landover

Courtyard New Carrollton Landover_Property for Sale

Attributes

Number of units
150
Year built
1986
Building area net
8,018 m²

Description

JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 150-room Courtyard New Carrollton Landover (the “Hotel” or “Property”). This Marriott branded asset benefits from its prime location directly in Landover's Corporate Drive Office Park, strategically positioned off Interstate 495 with proximity to key demand generators such as the University of Maryland College Park, Washington Metropolitan Area Transit Authority headquarters, and major federal agencies including the Defense Intelligence Agency and USDA headquarters.


The Hotel is being offered unencumbered by Marriott management for the first time, providing operational flexibility to implement franchise conversion strategies and potentially increase GOP margins through third-party management. With construction costs at all-time highs and limited developable land in the South/East Maryland submarket due to high land

costs and entitlement challenges, this acquisition represents an opportunity to obtain a newly-renovated, Marriott branded asset at a significant discount to replacement cost. Prince George's County's robust economy, anchored by major employers like Kaiser Permanente, Giant Food corporate headquarters, and the University of Maryland's $2.9 billion annual regional economic impact, provides a strong foundation for continued growth and stability in this dynamic lodging market serving the greater Washington D.C. metropolitan area.

...

Investment Highlights

  1. Marriott Franchise Conversion
  2. In-Place Yield with Additional Upside
  3. Excellent RevPAR Penetration with Lack of New Supply
  4. Strategic Suburban D.C. Location
  5. Food & Beverage Innovation Leadership
  6. Newly Renovated Hotel at Discount to Replacement Cost
Courtyard New Carrollton Landover 4_Property for Sale
Courtyard New Carrollton Landover 4_Property for Sale
Courtyard New Carrollton Landover (0 Properties)

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Last updated
23 Jan 2026