HREC Investment Advisors arranges sale of Holiday Inn Express near Baltimore

Exterior of the Holiday Inn Express Hunt Valley.

HREC Investment Advisors arranged the sale of the 125-room Holiday Inn Express in Hunt Valley, Md.

Ketan Patel and Kevin Hanley, both SVPs in HREC’s Washington D.C., office, exclusively represented the seller during the transaction.

The hotel’s guestrooms offer high-speed internet access, microwaves, refrigerators, 32-inch LCD TVs and more. The property also offers a fitness center, a business center and wireless internet access in all public areas. Breakfast and Wi-Fi are included free with every stay. 

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Nearby attractions include the National Aquarium, Science Center, Harbor Place and Harbor East, home of Playoff Championship Baltimore Orioles at Camden Yards. Also nearby is the M & T Bank/Ravens Stadium. Other attractions include Oregon Ridge Park, Beaver Dam Swim Club, Padonia Club Park and the Boordy, Fiore, Dejon and Basignani wineries.

The Holiday Inn Express Hunt Valley is located approximately 18 miles north of downtown Baltimore, and is in a suburban submarket with a mix of employment, housing and retail facilities. Hunt Valley benefits from its proximity to the downtown Baltimore area, and is also home to numerous corporations. The city’s fast-paced development and presence of employment base have attracted corporations such as Proctor & Gamble, McCormick & Co. and TESSCO Technologies. Hunt Valley is connected to the Baltimore-Washington International Airport, downtown Baltimore and Washington, D.C., via light rail, bus, train and subway.

HREC is a lodging and gaming real estate advisory firm specializing in property sales, mortgage brokerage, equity/JV structuring, consulting (market studies and appraisals) and litigation support.

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