Located on an approximately 3.5-acre parcel where the Baltimore-Washington Parkway and Rte. 32 meet, Towne Place Suites was developed four years ago. The 42,000-sf property features two three-story structures that contain, in addition to the rooms, a fitness center and laundry facility. According to Anne Arundel County records, the property has a 2004 assessed value of just more than $5 million.
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