Nine-99 Motel Conversion

Nine-99 Motel Conversion

Frederick, MD
  • Property Type: Apartments
  • Year Built : 1963
  • Property Size: / 158 Units


Capstone is pleased to present the Nine-99 Motel Conversion, a hotel-to-apartment redevelopment opportunity located in Frederick, MD (Washington, D.C. MSA). The property currently operates as a 158-key Motel 6. The hotel-to-apartment conversion space gives a rare opportunity for developers to reposition the existing asset into a rental apartment community. This is an opportunity for buyers to provide attainable housing, without incurring the expenses of ground-up construction. Potential renters will benefit from incredible accessibility to the employment and retail nodes of the Frederick Submarket. Convenient location and strength of surrounding multi-family fundamentals make the Nine-99 an attractive investment opportunity.

Investment Highlights

Rare Hotel-to-Apartment Redevelopment Opportunity

Unbeatable Accessibility to Employment and Retail Nodes

Submarket Fundamentals

Contact Information

Austin Heithcock Senior Advisor P: 615.477.1971
O: 800.746.3175 ext. 7021
Adam Klenk Managing Director P: 615.861.9906
O: 800.746.3175 ext. 7006
Jordan Arand Investment Sales Advisor P: 815.291.9250
O: 800.746.3175 ext. 7047
Joshua White Investment Sales Advisor P: 334.703.2492
O: 800.746.3175 ext. 7022