Summit Hotel Properties Acquires Hotel On North Scottsdale Road In $29M Deal

The hotel property located at 17011 North Scottsdale Road in Scottsdale, AZ has been sold. The transaction took place on 06/12/2023. The hotel has a total of 120 keys and the sale price for the property was $29,000,000, resulting in a price per key of $241,667.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $29,000,000
• Address: 17011 North Scottsdale Road, Scottsdale, AZ
• Market: Scottsdale, AZ
• Keys: 120
• Price Per Key: $241,667

The buyer of the hotel property is Summit Hotel Properties.