Descrição

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 115-room Hampton Inn & Suites Morgantown / University Town Centre (the “Hotel” or “Property”). This top-of-class, institutional-quality asset has established clear market dominance with a compelling 129% RevPAR index and consistent #1 ranking among its competitive set, while generating robust cash flows with 37.4% NOI margins. The pristine 2017-built property is due for its seven-year refresh which, once completed, will position it as a newly renovated asset in the market, while new ownership can continue to benefit from the high occupancy and boost ADR to match the renovation.

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