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Sleep Inn & Suites Cumberland-LaVale 13320 Ali Ghan Rd NE 65 Room Hotel Cumberland, MD 21502 $6,030,000 ($92,769/Room) 8.40% Cap Rate
Investment Highlights
- Interstate Location with Strong Traffic Exposure
- Steps From Love’s Travel Stop and Key Outdoor Recreation Drivers
- Newest Midscale Hotel in the Comp Set
- The hotel is positioned directly off Interstate 68 on Ali Ghan Road, capturing consistent room demand from regional travelers, commercial transport
- The property sits next to a major Love’s Travel Stop that generates continuous commercial truck and contractor traffic.
- Built in 2016, the property’s well maintained physical condition drives above average ADR and occupancy
Executive Summary
Broker of Record
Kyle Matthews
License # 664913 (MD)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # 664913 (MD)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $6,030,000 | Lot Size | 1.90 AC |
| Price Per Room | $92,769 | Building Size | 35,118 SF |
| Sale Type | Investment | No. Rooms | 65 |
| Cap Rate | 8.40% | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2016 |
| Property Subtype | Hotel | Parking Ratio | 3.33/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | C - Commercial | ||
| Price | $6,030,000 |
| Price Per Room | $92,769 |
| Sale Type | Investment |
| Cap Rate | 8.40% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.90 AC |
| Building Size | 35,118 SF |
| No. Rooms | 65 |
| No. Stories | 3 |
| Year Built | 2016 |
| Parking Ratio | 3.33/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 10 | $117.00 | - |
| Guest Room | 55 | $108.00 | - |
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Property Taxes
| Parcel Number | 22-016385 | Improvements Assessment | $0 |
| Land Assessment | $461,700 | Total Assessment | $461,700 |
Property Taxes
Parcel Number
22-016385
Land Assessment
$461,700
Improvements Assessment
$0
Total Assessment
$461,700
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Sleep Inn & Suites Cumberland-LaVale | 13320 Ali Ghan Rd NE
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