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2541 Chestnut Ridge Rd
Grantsville, MD 21536

Price Upon Request

Hotel For Sale  •  61,104 SF

Property Details

  • Property Type Hotel
  • Total Building Size 61,104 SF
  • Lot Size 3.99 AC
  • Building Class B
  • Year Built 1979
  • Zoning C3
0 Transit Score
26 Walk Score

Highlights

Fee Simple Interest in the 91-Key, 4-story, Interior-Corridor, Limited-Service Hotel
Full Renovation Completed in 2023 with Minimal PIP Expected for a New Owner
Significant Upside to Prospective Purchaser by Leveraging Recent Renovations | 68% RevPAR Penetration Index
Desirable, Upper-Midscale, Choice Hotels Brand Affiliation with Comfort Inn
Located in a USDA-Eligible Rural Development Area | Potential Fixed- Rate Financing Available
Expected to Trade at a Significant Discount to Replacement Cost

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 85
Type: Surface
Included in Rent: Yes
Prashant Merchant 757-589-6954 Colliers | Virginia
Prashant Merchant 757-589-6954 Colliers | Virginia