Jones Lang LaSalle Americas, Inc. offers, on an exclusive basis, the fee simple interest in the 166-room Hilton Garden Inn Providence Airport Warwick. Through September of 2023, the owner has invested nearly $6.0 million (~$35,000/key) into the Hotel. The on-property amenities include an indoor pool, fitness center, on-site restaurants, and meeting space.
The Hilton Garden Inn Providence Airport Warwick offers investors the opportunity to acquire a recently renovated, Hilton-branded hotel in Warwick, Rhode Island. The Property benefits from strong in-place cash flow. 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
- Convenient Rhode Island Location
- Access to Diverse Demand Drivers
- Recently Renovated Hotel
- Industry-Leading Hilton Brand Affiliation
- Strong In-Place Cash Flow
- Unencumbered by Management
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