For Sale
Call for price
2541 Chestnut Ridge RdGrantsville, MD 21536
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- Property tours are by appointment only. Unauthorized visits will result in a ban from future listings.
- Fee simple interest in a 91-room, four-story, interior-corridor, limited-service hotel.
- Recently renovated (2019-2023) with minimal property improvement plan (PIP) anticipated.
- Significant upside potential; current RevPAR penetration index is 68%, offering substantial room for growth.
- Desirable Comfort Inn brand affiliation within Choice Hotels' upper-midscale portfolio.
- Located in a USDA-eligible rural development area, potentially offering access to fixed-rate financing.
Property Details for 2541 Chestnut Ridge Rd
- Property type
- Hospitality properties, Motels
- Square Feet
- 61,104 SF
- Year Built/Renovated
- 1979/2019
- Stories
- 4
- Lot Size (sq. ft)
- 173,804 SF
Location Insight
- City
- Grantsville
- County
- Garrett
- State
- Maryland
- Latitude
- 39.6881674
- Longitude
- -79.106602
2541 Chestnut Ridge Rd, Grantsville, Maryland
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