Metro Points Hotel - New Carrollton - MD

Interior Corridor
Spacious hotel spanning 137,620 sq. ft.
Divided into two distinct plots: one for the hotel and parking, and the other for the parking lot.
Offers 198 rooms, with an additional 11 rooms suitable for extended stays.
Features interior corridors for added convenience.
Occupies a lot size of 4.66 acres, housing three condo tenants: the hotel, parking deck, and shopping strip. This memorandum pertains specifically to the hotel and parking deck.
Boasts a towering 10-story structure.
Positioned in a premium location just off Interstate I-495 and I-95.
Constructed with durable solid block materials.
Sale includes an additional parking structure, with permission to construct high-rise condominiums of up to 96 units.
Offers a sizable parking deck covering 105,952 sq. ft.
Ideal for conversion into apartments and rezoning, previously operating as the Four Points by Sheraton.
City-County has ambitious development plans aimed at enhancing economic growth in the area.
Planned route of the Purple Line to pass through the area.
Features a spacious 10,000 sq. ft. banquet hall and event center.
Additional amenities include bar areas, a restaurant, and various common spaces.
Presented at a price significantly below replacement cost. The hotel benefits from strong demand due to its strategic location in the suburbs of Washington D.C. Metropoints Hotel offers a remarkable opportunity to acquire an Independent Branded Hotel in the dynamic suburban Washington, D.C. market.
Close proximity to various demand generators
Several multi-billion dollar real estate development coming within few mile radius of the hotel location
By the way, the entire hotel roof has been replaced. Over 120 hotel room carpets have been changed, and new curtains are currently being installed. So far, more than $1 million has been spent on the Property Improvement Plan (PIP) upgrades.
Metro Points Hotel - New Carrollton is located just right off Interstate I-95. This hotel is 1 mile from the New Carrolton Metro Station which gives access to Washington, DC, and other DC areas within 6 miles, without the hassle of the traffic and parking. Located in Hyattsville, Metro Points Hotel is in the business district. White House (15.5 miles) and Arlington National Cemetery (17.2 miles) are local landmarks, and the area's natural beauty can be seen at National Mall (13.6 miles) and U.S. National Arboretum (8.5 miles). Smithsonian Institution (14.8 miles) and Six Flags America (9.4 miles) are also worth visiting. The University of Maryland- College Park is 6.9 mi from the hotel. Central Washington, D.C. is 17 miles away. 7.4 miles from the U.S. National Arboretum and half an hour away from both Ronald Regan (DCA) and Baltimore Marshal (BWI) airports.
Location Highlights:
New Carrollton Metro Station - 1 mile
White House - 12.8 miles
National Mall - 13.6 miles
Smithsonian ?Museums - 12.8 miles)
Lincoln Memorial -16 miles
Capitol Hill - 11.7 miles
Verizon Center? - 12 miles)
Georgetown - 13.3 miles)
Dupont Circle - 12.4 miles
Chinatown ?- 11.9 miles
Rock Creek Park - 14.5 miles
United States Botanic Garden - 12.3 miles
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.
This Hotel is Listed by NUMARIX and Mr. Brian Brockman, License #: 678573