Hotel-Motel
SpringHill Suites Gaithersburg
9715 Washingtonian Blvd, Gaithersburg, MD 20878
Listing Price: $10,550,000
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the SpringHill Suites Gaithersburg, a six-story Marriott-branded hotel located in Gaithersburg, Maryland. Built in 2000, the property consists of 162 interior corridor guest rooms, fitness center, business center, complimentary breakfast buffet, sundry shop, and 375 square feet of meeting and event space.
The SpringHill Suites Gaithersburg is ideally located in the heart of Gaithersburg, Maryland's thriving tech corridor, which has experienced significant commercial and retail development in recent years. The hotel offers convenient access to Washington, D.C., just a short drive away, providing guests with easy connections to the nation’s capital and its wealth of historic landmarks, government institutions, and cultural attractions. Gaithersburg is home to a range of tech companies and innovation centers, contributing to its reputation as a leading technology hub in the region.
The SpringHill Suites Gaithersburg represents the opportunity to acquire a franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Suburban Maryland Region/Washington MSA.
SpringHill Suites Gaithersburg
Investment Highlights
- $4.5M+ Current Room Revenue
- Well-Appointed Six-Story Hotel Centrally Located off of Interstate 270 in Gaithersburg, Maryland
- Gaithersburg is Located Within the I-270 Technology Corridor and is Known as a Hub for Several Biotech Industries
- 4 Miles from the National Institute of Standards and Technology (NIST), an Agency of the U.S. Department of Commerce Promoting American Innovation
- 4 Miles from the Institute for Bioscience and Biotechnology Research Center
- Nearby Attractions Include Montgomery County Fairgrounds, Gaithersburg Community Museum, Glenstone, Maryland SoccerPlex and More
- 19 Miles Northwest of Washington, D.C., the U.S. Capital, This Area Offers Convenient Access to the Nation's Political and Cultural Hub
- 30-Minute Drive to Dulles International Airport and Ronald Reagan Washington National Airport
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $10,550,000
Investment Highlights
- $4.5M+ Current Room Revenue
- Well-Appointed Six-Story Hotel Centrally Located off of Interstate 270 in Gaithersburg, Maryland
- Gaithersburg is Located Within the I-270 Technology Corridor and is Known as a Hub for Several Biotech Industries
- 4 Miles from the National Institute of Standards and Technology (NIST), an Agency of the U.S. Department of Commerce Promoting American Innovation
- 4 Miles from the Institute for Bioscience and Biotechnology Research Center
- Nearby Attractions Include Montgomery County Fairgrounds, Gaithersburg Community Museum, Glenstone, Maryland SoccerPlex and More
- 19 Miles Northwest of Washington, D.C., the U.S. Capital, This Area Offers Convenient Access to the Nation's Political and Cultural Hub
- 30-Minute Drive to Dulles International Airport and Ronald Reagan Washington National Airport
Investment Overview
Marcus & Millichap has been chosen to exclusively market for sale the SpringHill Suites Gaithersburg, a six-story Marriott-branded hotel located in Gaithersburg, Maryland. Built in 2000, the property consists of 162 interior corridor guest rooms, fitness center, business center, complimentary breakfast buffet, sundry shop, and 375 square feet of meeting and event space. The SpringHill Suites Gaithersburg is ideally located in the heart of Gaithersburg, Maryland's thriving tech corridor, which has experienced significant commercial and retail development in recent years. The hotel offers convenient access to Washington, D.C., just a short drive away, providing guests with easy connections to the nation’s capital and its wealth of historic landmarks, government institutions, and cultural attractions. Gaithersburg is home to a range of tech companies and innovation centers, contributing to its reputation as a leading technology hub in the region. The SpringHill Suites Gaithersburg represents the opportunity to acquire a franchised hotel in a stable market near several demand drivers. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Suburban Maryland Region/Washington MSA.
Exclusively Listed By
Broker of Record
Financing By
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