431 Dual Hwy - Hospitality FOR SALE


Hagerstown, MD 21740
$8,500,000 USD
540-247-6426
431 Dual Hwy, Hagerstown, MD for Sale
$8,500,000 USD
Hospitality - FOR SALE
1/31
null | Request Cap Rate

431 Dual Hwy
Hagerstown, MD 21740


HIGHLIGHTS

  • 30,000+ traffic count
  • Perfect redevelopment site for Senior housing, assisted living, or extended stay apartments.

OVERVIEW

Site is suitable for redevelopment to either senior housing, extended stay or apartments. This property is available at less that 1/3 of the replacement value. Hotel consists of 114 oversized rooms and suites, a coffee shop, hair salon and 12 individual offices with a conference room. Owner will assist in financing to a qualified buyer. Located at a signaled intersection directly on the Dual Hwy.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$88 USD /SF

# OF ROOMS

114

PRICE/ROOM

$74,561 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

APM Inn - Hagerstown, MD

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1952

PARKING SPACES

119

LAND DETAILS

LAND ACRES

2.95 AC

LAND SF

128,502 SF

ZONING

C2

APN/PARCEL ID

17-015575

ASK ABOUT THIS PROPERTY

Meridee PowarsLink Realty ServicesMore Info
540-247-6426

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Meridee PowarsLink Realty ServicesMore Info
540-247-6426

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.