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8500 Annapolis Rd
New Carrollton, MD 20784

$19,500,000 USD

Hotel For Sale • 88,000 SF

Property Details

Property Type Hotel
Total Building Size 88,000 SF
Lot Size 4.65 AC
Building Class B
Year Built 1971
Tenancy Multiple
Zoning CSC, TDOZ

0 Transit Score

59 Walk Score

                
                    Highlights
                
                                Sale includes an additional parking structure, with permission to construct high-rise condominiums of up to 96 units.
                            
                                Ideal for conversion into apartments and rezoning, previously operating as the Four Points by Sheraton.
                            
                                City-County has ambitious development plans aimed at enhancing economic growth in the area.
                            
                                Several multi-billion dollar real estate development coming within few mile radius of the hotel location
                            
                                By the way, the entire hotel roof has been replaced. Over 120 hotel room carpets have been changed, and new curtains are currently being installed. 
                            
                                So far, more than $1 million has been spent on the Property Improvement Plan (PIP) upgrades.

Amenities

Business Center
Fitness Center
Restaurant
Shuttle Service
High Speed Internet Access
On-Site Bar
Meeting Event Space
Public Access Wifi
Smoke-Free

Public Transportation

Commuter Rail	Drive	Walk	Distance
New Carrollton (Penn Line - Maryland Area Regional Commuter Trains (The MARC))	3 min	17 min	0.9 mi
Seabrook (Penn Line - Maryland Area Regional Commuter Trains (The MARC))	4 min	-	2.1 mi
Transit/Subway	Drive	Walk	Distance
New Carrollton (Orange Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail))	3 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Ronald Reagan Washington Ntl	25 min	-	15.9 mi
Baltimore/Washington International Thurgood Marshall	34 min	-	23.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	172
Type:	Surface
Included in Rent:	Yes

Raiyan Rab 404-398-2090 Numarix Real Estate Services

8500 Annapolis Rd New Carrollton, MD 20784