SOLD
Mango Tree LLC Acquires Phoenix Hotel From Affiliate Of Blackstone Group
160 West Catalina Drive
Hotel
Sold 1 year ago
Summary
Sale
ARIZONA
Hotel
On December 29, 2022, a hotel located at 160 West Catalina Drive in Phoenix, AZ, was sold in a closed transaction. The property, owned by an affiliate of Blackstone Group, was purchased by Mango Tree LLC for a sale price of $16,250,000. This hotel features 99 keys and a price per key of $164,141.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $16,250,000
- Address: 160 West Catalina Drive, Phoenix, AZ
- Keys: 99
- Price Per Key: $164,141
The sale of this hotel was facilitated by Cushman & Wakefield, a brokerage firm representing either the buyer or the seller in the deal.
Details
SOLD
IMAGE: 12/29/2022
ADDRESS: 160 West Catalina Drive
MARKET: Phoenix, AZ
ASSET TYPE: Hotel
BUYER: Mango Tree LLC
SELLER: Affiliate of Blackstone Group
BROKER: Cushman & Wakefield
SALE PRICE: $16,250,000
KEYS: 99 ~ PPK: $164,141View on map
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Address160 West Catalina Drive
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