Receiver Sale: Residence Inn Greenbelt

Description:

Ri Marketplace Online Auction September 23-25th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2727/receiver-sale-residence-inn-greenbelt?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_2727

JLL's Hotels & Hospitality Group, in conjunction with RealINSIGHT Marketplace, is pleased to present the opportunity to acquire the leasehold interest in the 120-room Residence Inn Greenbelt (the "Hotel" or "Property"). This compelling investment opportunity offers significant upside potential through operational efficiencies. The hotel has been recently renovated, and as such, will only need a change-of-ownership refresh (estimating about $1M). Located in the thriving growth market of Greenbelt, MD, the Property is ideally positioned to capitalize on the area's dynamic, recession-proof government and education demand, as well as robust business and tourism sectors. Greenbelt is home to the NASA Goddard Space Flight Center, NSA Central Security Service (CSS), an FBI satellite office, a USDA Research Center and is within proximity to Joint Base Andrews and Fort George G. Meade. These major government and military facilities drive consistent demand for quality accommodations in the area.

The Residence Inn Greenbelt offers spacious rooms and modern amenities, catering to both business and leisure travelers seeking convenience and Marriott's signature hospitality. Its proximity to College Park and the University of Maryland further enhances its appeal, providing an ideal base for visitors exploring the region's educational and scientific attractions. Since opening, this property has established itself as the undisputed market leader, maintaining a commanding 175% RevPAR index over its competitive set as of May 2025 and consistently delivering robust revenue performance with current annual revenues of $4.842 million. The compelling opportunity lies in applying a focused operational approach after years of institutional ownership to convert this exceptional top-line performance into maximized bottom-line returns. With its proven revenue generation capability and dominant market position, this asset presents an attractive investment at a cost basis well below replacement cost in an extremely high barriers to entry DC suburb.


Lamar P. Fisher
Fisher Auction Company Inc.
License: Internet Auctions Exempt for this County

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