
Holiday Inn Express & Suites Laurel
14402 Laurel Place, Laurel, MD, 20707, US
119 単位
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 108-room Homewood Suites Allentown West Fogelsville (the "Hotel" or "Property"). This unencumbered Property benefits from its strategic location in the Lehigh Valley, providing easy access to major demand generators including the region's robust industrial and distribution sector, Lafayette College, and Lehigh University. The Property offers a compelling investment opportunity in a thriving market. Its prime position and track record of superior performance, consistently outperforming its competitive set with a RevPAR index of over 170% in 2024, position it well for continued success. The Hotel's proximity to over 31 million SF of industrial space within 2 miles, coupled with its access to educational institutions and leisure attractions in the Lehigh Valley, provides a diverse and stable guest base.
Offered unencumbered by management and debt, this opportunity allows a new investor complete operational flexibility. The Property provides the rare opportunity to own sought-after real estate in the rapidly growing Lehigh Valley market, leverage the hotel's strategic location in one of the largest and fastest-growing industrial submarkets in the nation, and offers a blank canvas to implement new management strategies.
· Premium Hilton Honors Member
· Premium extended stay sector growth
· Unencumbered by management and debt
· Offered at a discount to replacement cost
· Robust Economy (Lehigh Valley)