Price: $9,500,000
Address: 8058 Ocean Gateway
City: Easton
State: MD
ZIP: 21601
Rooms #: 74
Address: 8058 Ocean Gateway
City: Easton
State: MD
ZIP: 21601
Rooms #: 74
Additional Features:
DEAL FEATURES
- Prime U.S. Route 50 location near Historic Downtown Easton and the Eastern Shore’s premier attractions
- Diversified demand supported by University of Maryland Shore Regional Health, Easton Utilities, and regional tourism
- Proven Operating Performance as the hotel constantly delivers strong Occupancy, ADR, RevPar, and Room Revenues
- Consistent Revenue Growth as room revenues have steadily increased each of the past 3 years
- Premium franchise affiliation in a high barrier to entry market
BUILDING OVERVIEW
- 4 Stories, Interior Corridor
- Concrete Construction
- Brick & Stucco Facade
- Rubber Membrane Roof
PROPERTY HIGHLIGHTS
- 74 Guest Rooms
- Continental Breakfast Area
- On-Site Laundry
- Fitness Center
- Meeting Room
- Indoor Pool
Financials
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