Property profile

14402 Laurel Pl Laurel, MD 20707

OFF-MARKET
Hotels
Property ID
US40-0454669
65,084 SF 2.46 ac lot Built 1990
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 119-room Holiday Inn Express & Suites hotel presents a compelling investment opportunity in the thriving Laurel, Maryland market. Located at 14402 Laurel Pl, 20707, in Prince George's County, this five-story property underwent a complete renovation in 2024, ensuring modern amenities and optimal guest experience. The hotel's strategic location offers easy access to major transportation routes and local attractions, maximizing its appeal to both business and leisure travelers. The property's strong performance history, coupled with its recent renovation, positions it for continued success and significant return on investment. This turnkey operation is ready for immediate ownership and offers a rare chance to acquire a well-established, high-performing asset in a desirable location. Detailed financial information and operational data are available upon request. The property's 119 guest rooms are equipped with modern conveniences, contributing to high guest satisfaction ratings. This represents a unique opportunity to acquire a profitable hospitality asset in a growing market. The property's excellent condition and prime location make it an ideal investment for experienced hospitality investors seeking a stable and lucrative addition to their portfolio. Serious inquiries only.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1990
Construction BRICK
Total area 65,084 SF
Lot 2.46 ac (107,158 SF)
Zoning code LAUR
APN 10-1035252
UPID US40-0454669

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Association / Organization
  • Hotel & Motel Bed & Breakfast
  • Hotel & Motel
  • Restaurant

Location

14402 Laurel Pl Laurel, MD 20707-6100
Laurel metro Census 800213 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$6.23M

Owner & transaction history

since 2011
3 recorded transactions
2011
$6.3M
2008
$11.1M
1969
Price N/A

Zoning & alternative use

LAUR · Laurel, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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