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WOBURN, MASS. — Hilltop 15 Middlesex LLC has acquired a 196-room Holiday Inn Select located in Woburn for $8.5 million. Amenities at the hotel include a 282-seat restaurant, a fitness center, an indoor pool, 9,000 square feet of meeting space and banquet facilities. The buyer plans to invest more than $1 million in capital improvements during the first quarter of the year. The hotel is currently operated by Park Lodge Hotel Group. Hilltop 15 Middlesex LLC is managed by David Masse, who is also the founder of Compass Realty Associates. The buyer in the transaction was not disclosed.