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6510 Frankford Ave

Market Price

6510 Frankford Ave, Baltimore, MD 21206-4906

Pending
Last Updated: 11/22/2024

1974

Year Built

B-2-2

Zoning

Details:
Year Built:    1974
Zoning:    B-2-2
Year Last Renovated:    2007
Highlights:
  • Average Occupancy Rate: 0.0
Description:

Property tours are available by appointment only. Please contact the listing broker to schedule a tour.
Coldwell Banker Commercial, in association with Ten-X, presents the opportunity to purchase America's Best Value Inn Baltimore located at 6510 Frankford Ave., Baltimore, MD. Conveniently located off of I-895, the hotel is less than five miles away from the attractions of Downtown Baltimore. Each one of the hotels 138 rooms come equipped with Wi-Fi access, a 37-inch flat panel satellite TV, work desks, ironing boards, a mini-fridge and a coffee maker. The hotel itself offers amenities like complimentary breakfast, five conference rooms, a 24-hour business center, and a 2,990 square feet ballroom.
America's Best Value Inn is a six-floor interior corridor hotel. It is currently operating as a limited service hotel, though the infrastructure is in place for a full-service conversion. The hotel has a vacant restaurant space with a fully equipped kitchen that's available for lease. The hotel is also equipped with five conference rooms, an outdoor pool, and a 2,990 square feet ballroom that's available for events. Both the restaurant lease and the full-service conversion are great value-add opportunities for the new owners. All PIP for this property is complete and the hotel currently has a 70.9% occupancy rate.
Situated between Baltimore City and the town of Rosedale, the hotel is located near popular tourist attractions like the Fells Point Historic District, Fort McHenry, National Aquarium of Baltimore, the Lyric Opera House, and the Baltimore Convention Center. It's less than five miles away from travel hubs like the Cruise Maryland Terminal and the Baltimore Amtrak Station. Nearby universities include Morgan State University and the University of Baltimore. John Hopkin's Hospital is less than 3 miles away and the Union Memorial Hospital is 4 miles away.

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