14402 Laurel PlLaurel, MD 20707

Property Details for 14402 Laurel Pl

Year built

1990

Construction

BRICK

Lot size

2.46 AC

Property size (Sq ft)

65,084 SF

Zone code

LAUR

Property type

Hospitality properties

Property subtype

Hotels

APN

10-1035252

APU

101035252

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $13,041,681

  6.5%

  $12,038,475

  7%

  $11,178,584

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,617,469

  Geo Method

  $9,621,921

• Alternative Use

  Use

  Valuation

  Residential

  $13,142,517

  Hospitality

  $12,038,475

  Educational

  $10,015,870

  Medical

  $10,360,331

  Retail

  $15,580,242

Location Insight

City

Laurel

County

Prince George's

State

Maryland

Latitude

39.0885

Longitude

-76.8616

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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