Hampton Inn & Suites Arundel Mills/Baltimore — Sale in Hanover, MD

  • Price: $22K
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Hanover, MD 21076
  • Year built: 2002

Photos

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Description

JLL's Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 130-room Hampton Inn & Suites Baltimore Arundel Mills (the "Hotel" or "Property"). This unencumbered Property benefits from its prime position in Hanover, Maryland, providing immediate access to the region's most powerful demand generators — including Arundel Mills, Live! Casino & Hotel Maryland, Fort Meade, and the National Business Park — creating a diverse and resilient guest base across both leisure and corporate segments. The Hotel underwent a comprehensive soft goods PIP completed in 2023 at a cost of just over $22,000 per key, ensuring the Property is well-positioned from a physical product standpoint. The Property presents a compelling value-add opportunity in one of Maryland's strongest lodging markets. With no new supply in the pipeline and a proven track record of market outperformance — ranking 2nd out of 7 properties in its competitive set with a 123% RevPAR Index as of March 2026 TTM — the Hotel offers a new investor an exceptional entry basis below replacement cost, free and clear of existing brand and management obligations. The Property is currently institutionally owned, creating an opportunity for more hands-on ownership to implement aggressive revenue management strategies and targeted expense rationalization to drive meaningful NOI expansion. The surrounding market's deep federal, defense, and leisure demand base provides durable long-term support.

Market Context

This hospitality in Hanover, MD is listed for sale at $22,000. The building dates to 2002. Compare it against other hospitality listings for sale in Hanover, MD — view the full market.

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