SpringHill Suites Boston Peabody Hotel in Peabody, MA Listed for Sale
SpringHill Suites Boston Peabody
Jones Lang LaSalle Americas, Inc. offers, on an exclusive basis, the fee simple interest in the 164-room SpringHill Suites Boston Peabody. Through September of 2023, the owner has invested $3.2 million (~$19,000/key) into the Hotel. The on-property amenities include an indoor pool, fitness center, and meeting space.
Located in Peabody, Massachusetts, the SpringHill Suites Boston Peabody offers investors the opportunity to acquire an institutional-quality, Marriott-branded, all-suite hotel with strong in-place cash flow at an attractive basis. The Hotel is being offered unencumbered by management and at a significant discount to replacement cost in the high-barrier New England hospitality market.
Investment highlights
- Strategic Suburban Boston Location
- Access to Diverse Demand Drivers
- High-Quality, All-Suite Hotel
- Industry-Leading Marriott Brand Affiliation
- Recently Renovated Hotel
- Strong In-Place Cash Flow
- Unencumbered by Management
For details visit here.
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