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11509 Red Run Boulevard
SOLD

Marcus & Millichap Sells Holiday Inn Express & Suites In Owings Mills For $10.15M

11509 Red Run Boulevard

Hotel
clock iconSold 31 days ago
Joce Messinger
Jack Davis
Gordon Allred
+ 4
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Summary

Sale
MARYLAND
Hotel

The transaction involves the sale of an 86-room Holiday Inn Express & Suites located at 11509 Red Run Boulevard in Owings Mills, Maryland. The property was sold for $10,150,000, amounting to a price per key of $118,023 in the transaction that took place on 06/12/2024. The asset spans an area of 5.71 acres.

Summary of transaction details:

The sale was facilitated by a team of brokers from Marcus & Millichap, namely Andy Patel, Gordon Allred, Jack Davis, Joce Messinger, Karianne Cibello, and Zachary Walsh. They successfully closed the deal for the Holiday Inn Express & Suites in Owings Mills, MD.

Players

  • All

    7

  • Agents

    6

  • Agencies

    1

Joce Messinger's profile picture
Joce Messinger
Marcus & Millichap-image
First Vice President of Investments
$36.5M Sold
Zachary Walsh's profile picture

Details

Deal Summary
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SOLD
IMAGE: 06/12/2024 ADDRESS: 11509 Red Run Boulevard MARKET: Owings Mills, MD ASSET TYPE: Hotel ~ ACRES: 5.71 BROKERS: Andy Patel, Gordon Allred, Jack Davis, Joce Messinger, Karianne Cibello & Zachary Walsh - Marcus & Millichap SALE PRICE: $10,150,000 KEYS: 86 ~ PPK: $118,023 NOTE: Marcus & Millichap announced the sale of an 86-room Holiday Inn Express & Suites in Owings Mills, Maryland, fetching $10,150,000, equating to $118,023 per room.

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Address11509 Red Run Boulevard

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