HREC Investment Advisors arranged the sale of the 107-room Sleep Inn located in Rockville, Md.
Kevin Hanley (SVP – Washington, D.C.), Ketan Patel (SVP – Washington D.C.) and Geoff Davis (president & senior principal – New York), exclusively represented the Owner.
"The sale of the Sleep Inn Rockville is reflective of the continued strengthening of the greater Washington DC lodging market and broad investor interest in hotel assets in the dynamic suburban DC submarkets," Hanley said.
The Sleep Inn Washington DC - Rockville is located approximately twenty miles from downtown Washington DC. The area is connected to airports, train and bus connections. Washington Reagan National Airport is located twenty five miles southeast of the Hotel, Washington Dulles International Airport is thirty miles south and Baltimore Thurgood Marshall International Airport is forty miles northeast of the property.