Description

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.

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