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Monday, May 21, 2012
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Completed Transactions
| Property Name |
City |
State |
Units |
List Price |
| Comfort Inn |
Greeneville |
TN |
90 |
$2,795,000 |
| Red Roof Inn |
Williamsburg |
VA |
72 |
$1,975,000 |
| Holiday Inn Express |
Bennettsville |
SC |
52 |
$2,800,000 |
| EconoLodge |
St. Stephens |
SC |
50 |
$1,825,000 |
| Fairview Inn |
Wilmington |
NC |
90 |
"Undisclosed" |
| Bayview Efficiencies |
Clarksville |
VA |
14 |
$525,000 |
| Super 8 |
Bristol |
VA |
62 |
$1,790,000 |
| Days Inn |
Bristol |
TN |
93 |
$2,050,000 |
| Travelodge |
Lancaster |
NC |
80 |
$1,500,000 |
| Budget Inn |
Lancaster |
SC |
40 |
$395,000 |
| Hotel Site |
Newport News |
VA |
Up to +/-120 |
$800,000 |
| Washington Burgess Inn |
West Point |
VA |
33 |
$1,650,000 |
| Legacy Inn |
Sandston |
VA |
125 |
$2,200,000 |
| Comfort Suites |
Southport |
NC |
70 |
$3,900,000 |
| Howard Johnson |
Lexington |
VA |
100 |
$3,800,000 |
| Best Western |
Martinsville |
VA |
97 |
$2,775,000 |
| Quality Inn |
N. Charleston |
SC |
118 |
$4,100,000 |
| Quality Inn |
Lynchburg |
VA |
120 |
$4,450,000 |
| Super 8 |
Kenly |
NC |
80 |
$1,325,000 |
| Avalon Hotel |
Erie |
PA |
192 |
$6,900,000 |
| Days Inn |
Staunton |
VA |
118 |
$2,895,000 |
| Holiday Inn Express |
Kernersville |
NC |
56 |
$3,695,000 |
| Best Value Inn |
Fayetteville |
NC |
55 |
$1,195,000 |
| Days Inn |
Raleigh |
NC |
103 |
$2,350,000 |
| Quality Inn |
Williamsburg |
VA |
94 |
$3,595,000 |
| Days Inn |
Christiansburg |
VA |
118 |
$2,400,000 |
| Howard Johnson |
Battleboro |
NC |
84 |
$2,150,000 |
| Days Inn |
Lexington Park |
MD |
165 |
$6,750,000 |
| Hotel Site |
Newport News |
VA |
Up to +/-120 |
$795,000 |
| Howard Johnson Express |
Fayetteville |
NC |
130 |
$1,375,000 |
| Howard Johnson Express |
Daleville |
VA |
98 |
$2,600,000 |
| Best Western |
Martinsville |
VA |
97 |
$2,775,000 |
| Best Western |
Bennettsville |
SC |
52 |
$2,450,000 |
| Days Inn |
Chester |
VA |
118 |
$5,200,000 |
| Comfort Inn |
Onley |
VA |
80 |
$4,995,000 |
| Days Inn |
Petersburg |
VA |
155 |
$6,595,000 |
| Baymont Inn & Suites |
Richmond |
VA |
122 |
$5,750,000 |
| Days Inn |
Colonial Heights |
VA |
113 |
$2,525,000 |
| Ramada Inn |
Sumter |
SC |
130 |
$1,895,000 |
| Days Inn |
South Hill |
VA |
151 |
$3,300,000 |
| Holiday Inn Express |
"Confidential" |
- |
75 |
$8,000,000 |
| Driftwood Inn |
Chestertown |
MD |
27 |
$1,600,000 |
| Microtel Inn & Suites - Long Term Lease |
Elizabeth City |
NC |
80 |
N/A |
| Knights Inn |
Chilhowie |
VA |
44 |
$458,000 |
| Best Western |
Richmond |
VA |
114 |
$5,800,000 |
| Sleep Inn |
Henderson |
NC |
54 |
$2,450,000 |
| Country Inn & Suites |
Chester |
VA |
65 |
$4,800,000 |
| Comfort Inn |
Petersburg |
VA |
97 |
$5,200,000 |
| Sumter Palmetto Inn |
Sumter |
SC |
N/A |
$850,000 |
| Econo Lodge Colonial |
Williamsburg |
VA |
48 |
$750,000 |
| Days Inn |
Christiansburg |
VA |
116 |
"Undisclosed" |
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Microtel Inn
Sleep Inn & Suites
Best Lodge
Econo Lodge Historic
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Newport News
Chesapeake
Martinsville
Williamsburg
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VA
VA
VA
VA
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87
82
43
47
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$1,900,000
$2,425,000
$375,000
"Undisclosed"
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