The property has a current assessed value of $6.3 million,according to Frederick County records. Donohoe Real EstateServices/CORFAC International represented both the seller and thebuyer.

A six-story structure that was developed in 1985, the HamptonInn is located on a 4.6-acre parcel at 5311 Buckeystown Pike, justa stone's throw from I-270. The 89,000-sf building features afitness facility, business center, on-site restaurant andapproximately 1,000 sf of meeting space. Under the new ownershipthe hotel, which was once a Quality Inn, will continue to carry theHampton Inn flag.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.