Jones Lang LaSalle Americas, Inc. offers, on an exclusive basis, the fee simple interest in the 134-room Courtyard Worcester and the 100-room Hampton Inn & Suites Worcester. The Hotels are located on two adjacent parcels in Worcester, Massachusetts.
The Courtyard Worcester and the Hampton Inn & Suites Worcester offer investors the opportunity to acquire Marriott/Hilton-branded, select-service hotels with highly efficient operating models in New England’s second largest city. The Hotels have solid in-place cash flow with additional upside for a new owner. In 2023, the Hotels combined achieved $3.6 million of net operating income at a highly efficient 30.1% margin. The Hotels are being offered unencumbered by management.
Investment highlights
- Highly Efficient, Complexed, Select-Service Hotels
- Industry Leading Marriott & Hilton Brand Affiliations
- Convenient Central Massachusetts Location
- Access to Diverse Worcester Area Demand Drivers
- High RevPAR, Strong In-Place Cash Flow
- Attractive Basis, Discount to Replacement Cost
- Unencumbered by Management
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