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Hotel-Motel

Hampton Inn & Suites Providence/Warwick Airport

2100 Post Rd, Warwick, RI 02886

Listing Price: Request For Offer

Number of Rooms
173
RevPAR
$68
Gross SF
74,419
Year Built
2000

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Hampton Inn & Suites Providence/Warwick Airport, a five-story, 173-room hotel located directly off Interstate 95 and adjacent to T.F. Green International Airport (New England’s second busiest airport). The hotel's close proximity to Interstate 95, provides easy access to many of the area’s primary corporate, leisure, and higher education demand generators, Downtown Providence and Boston.

Investment Highlights

  • ACCESSIBILITY - INTERSTATE 95, T.F. GREEN INTERNATIONAL AIRPORT
  • PRE-COVID GROSS REVENUE APPROXIMATELY $6MM
  • VALUE-ADD OPPORTUNITY ABSENTEE OWNERSHIP OPERATING WITHOUT MANAGEMENT COMPANY
  • PROVIDENCE/WARWICK T.F. GREEN INTERNATIONAL AIRPORT BACK TO 40% OF PRE-COVID TRAVELERS IN 2021
  • CORPORATE TRAVEL BEGINNING TO RETURN THROUGHOUT NEW ENGLAND
  • RHODE ISLAND RANKED IN TOP 10 STATES FOR INBOUND MIGRATION, NOTABLY FOR JOBS AND QUALITY OF LIFE
  • PROXIMITY TO AREA ATTRACTIONS: BROWN UNIVERSITY, DUNKIN' DONUTS CENTER, RHODE ISLAND CONVENTION CENTER, WARWICK MALL, JOHN & WALES UNIVERSITY, PROVIDENCE COLLEGE, AND MORE

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Regional Manager

    (617) 896-7220

    License(s) RI: REB.0019374

    Rhode Island

Hotel-Motel

Hampton Inn & Suites Providence/Warwick Airport

Listing Price: Request For Offer

Number of Rooms
173
RevPAR
$68
Gross SF
74,419
Year Built
2000

Investment Highlights

  • ACCESSIBILITY - INTERSTATE 95, T.F. GREEN INTERNATIONAL AIRPORT
  • PRE-COVID GROSS REVENUE APPROXIMATELY $6MM
  • VALUE-ADD OPPORTUNITY ABSENTEE OWNERSHIP OPERATING WITHOUT MANAGEMENT COMPANY
  • PROVIDENCE/WARWICK T.F. GREEN INTERNATIONAL AIRPORT BACK TO 40% OF PRE-COVID TRAVELERS IN 2021
  • CORPORATE TRAVEL BEGINNING TO RETURN THROUGHOUT NEW ENGLAND
  • RHODE ISLAND RANKED IN TOP 10 STATES FOR INBOUND MIGRATION, NOTABLY FOR JOBS AND QUALITY OF LIFE
  • PROXIMITY TO AREA ATTRACTIONS: BROWN UNIVERSITY, DUNKIN' DONUTS CENTER, RHODE ISLAND CONVENTION CENTER, WARWICK MALL, JOHN & WALES UNIVERSITY, PROVIDENCE COLLEGE, AND MORE

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Hampton Inn & Suites Providence/Warwick Airport, a five-story, 173-room hotel located directly off Interstate 95 and adjacent to T.F. Green International Airport (New England’s second busiest airport). The hotel's close proximity to Interstate 95, provides easy access to many of the area’s primary corporate, leisure, and higher education demand generators, Downtown Providence and Boston.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Regional Manager

    (617) 896-7220

    License(s): RI: REB.0019374

    Rhode Island

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