Brandt Niehaus, President of Huff, Niehaus & Associates, Inc., represented the Seller and assisted the Purchaser in the transaction. The property sold for $5,750,000 with an automatic transfer of the Best Western Plus brand to an investment group with other franchise hotels.
Representing the Seller of this Independent Hilltop Hotel with Scenic Views
The property traded for $12,500,000, over $235,000 per room
Representing the Seller of this Ideally Located, Family-friendly, Economy Lodg
Representing the Seller of this Updated Property with Leased Restaurant
epresenting the Seller of this Recently Updated Franchise Hotel in the Heart of Montana
Michelle Kennedy, Principal/Designated Broker, and the CIP Team worked closely with the Buyer and Seller and the parties’ other professionals to negotiate a mutually acceptable sale. The final sale price is confidential.
Representing the Seller of these Confidential Hotels Near Mt. Rainier National Park in Washington
Lodging Partners exclusively represented the Seller on this transaction. This sale is the 21st Hotel deal that Lodging Partners has been involved with in the Myrtle Beach market and the third hotel transaction arranged for the Seller.
The asset was sold to a buyer with several Choice hotels who will use a third-party management company to operate this Comfort Suites.