Hospitality Asset Procurers Acquires Hyatt House Atlanta/Cobb Galleria Hotel For $18.2M
3595 Cumberland Boulevard Southeast
$18,200,000
Building Size
—
Asset Type
Hotel
Closing
Nov 24, 2025
About this deal
AI
The asset involved in this transaction is a hotel located at 3595 Cumberland Boulevard Southeast in Atlanta, GA. The property is a 149-room Hyatt House, which was sold for a total price of $18.2 million, equating to $122,148 per room.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $18,200,000
- Address: 3595 Cumberland Boulevard Southeast
- Market: Atlanta, GA
- Number of Keys: 149
- PPK: $122,148
The buyer of the property is Hospitality Asset Procurers. The transaction was facilitated by broker Mayank Patel from Hunter Hotel Advisors, who represented the buyer in the deal.
Players
Atlanta Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93