Hotel Indigo Baltimore Downtown_Actifs en vente

24 West Franklin Street, Baltimore, MD, 21201, US

Hotel Indigo Baltimore Downtown

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 162-room Hotel Indigo Baltimore Downtown (the “Hotel” or “Property”). The Hotel is strategically positioned in Baltimore’s thriving downtown, benefiting from the city’s “recession-proof” economy anchored by world-renowned educational institutions and healthcare systems. Ideally located to capture demand from Baltimore’s robust “eds and meds” sector led by Johns Hopkins University and the University of Maryland Medical Center and near the area’s largest tourist destinations like the MT&T Bank Stadium and National Aquarium. The Property features contemporary accommodations and superior amenities including an Edgar Allan Poe-inspired restaurant offering locally-sourced cuisine.

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Caractéristiques de l'actif

Nombre d'unités

162

Année de construction

1907

Taille du terrain Brut

0,15 hectare

Média

Points clés d'investissement

Superior Asset Positioning: Hotel Indigo Baltimore Downtown benefits from its strategic location in a city with a robust and diverse economy, anchored by world-renowned educational institutions and healthcare systems.
Offered at a Discount to Replacement Cost in High Barrier to Entry Market: The Hotel presents a unique investment opportunity, as it is being offered at a significant discount to its replacement cost in a market known for high barriers to entry.
Shrinking Supply and Increased Demand Post-Pandemic: The Baltimore hotel market has experienced a significant contraction in supply post-pandemic, with numerous properties either permanently closing or indefinitely postponing planned developments.
Unencumbered by Management