HKB Hotel Group Acquires Hotels In Alpharetta, Charlotte, Dallas, Greenville, Roanoke, And Topeka For $55M

A hotel portfolio consisting of properties located at 7500 North Point Pkwy, 7900 Forest Point Blvd, 12411 North Central Expressway, 40 W Orchard Park Dr, 5040 Valley View Blvd NW, and 6021 SW 6th Ave has been sold. The sale occurred in Alpharetta, GA; Charlotte, NC; Dallas, TX; Greenville, SC; Roanoke, VA; and Topeka, KS. The buyer of the portfolio is HKB Hotel Group, LLC. The transaction was facilitated by Chris Dewey, Steve Leslie, and Will Sledge from JLL, who acted as the brokers in the deal. The sale price for the hotel portfolio was $55,000,000. The portfolio comprises a total of 754 keys. The price per key is $72,944.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $55,000,000
• Address: 7500 North Point Pkwy, 7900 Forest Point Blvd, 12411 North Central Expressway, 40 W Orchard Park Dr, 5040 Valley View Blvd NW, and 6021 SW 6th Ave
• Market: Alpharetta, GA; Charlotte, NC; Dallas, TX; Greenville, SC; Roanoke, VA; and Topeka, KS
• Buyer: HKB Hotel Group, LLC
• Brokers: Chris Dewey, Steve Leslie, and Will Sledge - JLL
• Keys: 754
• Price per key: $72,944

The hotel portfolio transaction involved the collaborative efforts of HKB Hotel Group, LLC as the buyer and Chris Dewey, Steve Leslie, and Will Sledge from JLL as the brokers. The portfolio encompasses properties located in Alpharetta, GA; Charlotte, NC; Dallas, TX; Greenville, SC; Roanoke, VA; and Topeka, KS. The sale price for this hotel portfolio was $55,000,000, and it includes a total of 754 keys with a price per key of $72,944.