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100 S George St
Cumberland, MD 21502

Ramada Cumberland Downtown · Hospitality Property For Sale · 74,345 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.74 AC
Building Size 74,345 SF
No. Stories 6
Year Built 1972
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

About 100 S George St , Cumberland, MD 21502

Absentee Owner motivated to sell the fee-simple interest in the 130-guestroom Ramada Cumberland Downtown (“Hotel”) located in Cumberland, MD. The Hotel is an attractive buy for investors looking to establish a solid footprint in the Western Maryland market, as it is the only branded full-service hotel not only in Cumberland, but in greater Western Maryland along Interstate 68. The investment presents a secure opportunity for a buyer to utilize the hotel’s unique placement in the market, take advantage of the property’s brand affiliation and distribution, and initiate an aggressive sales and marketing strategy to increase RevPAR to market levels. The Ramada is strategically located directly off Interstate 68 in Downtown Cumberland, perfectly situated to meet the needs interstate leisure and downtown business travelers alike. The Property is being offered fee-simple, unencumbered by management, and contains full-service guest amenities including a restaurant and lounge, ample meeting space, a business center, fitness center, outdoor pool, and complimentary hot breakfast. Situated in the quiet mountains of western Maryland, Cumberland is the county seat of Allegany County. Cumberland serves as the regional commercial center for western Maryland and the Potomac Highlands of West Virginia.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-009990
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,379,633

zoning

Zoning Code BCBD
BCBD
  • Listing ID: 15314557

  • Date on Market: 3/1/2019

  • Last Updated:

  • Address: 100 S George St, Cumberland, MD 21502

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