FREDERICK, MD-In a $12.4-million deal, Prince William Hospitality Investors LLC just closed on it acquisition of the Hampton Inn Frederick. Frederick Donohoe Hotel Associates LP sold the 161-room hotel to15 years after having acquired it for $3.6 million.

The property has a current assessed value of $6.3 million, according to Frederick County records. Donohoe Real Estate Services/CORFAC International represented both the seller and the buyer.

A six-story structure that was developed in 1985, the Hampton Inn is located on a 4.6-acre parcel at 5311 Buckeystown Pike, just a stone’s throw from I-270. The 89,000-sf building features a fitness facility, business center, on-site restaurant and approximately 1,000 sf of meeting space. Under the new ownership the hotel, which was once a Quality Inn, will continue to carry the Hampton Inn flag.

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