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123 Habersham Street, Ste 400

HLC Hotels Completes Sale Of Historic Inns Of Savannah Portfolio With 175 Guestrooms
SOLDHotel

HLC Hotels Completes Sale Of Historic Inns Of Savannah Portfolio With 175 Guestrooms

123 Habersham Street, Ste 400, 220 East Gaston Street, 220 East Gaston Street, 5 West Jones Street, 225 East Bay Street, 225 East Bay Street, 508 East Lower Factors Walk, 508 East Lower Factors Walk, 123 East Broughton Street & 123 East Broughton Street

Units

175

Asset Type

Hotel

Closing

Jun 30, 2026

AI

The transaction involves the sale of the Historic Inns of Savannah portfolio, which consists of six historic hotels located in Savannah’s Historic District. The asset type is a hotel with a total of 175 units. The property addresses include 123 Habersham Street, Ste 400; 220 East Gaston Street; 5 West Jones Street; 225 East Bay Street; 508 East Lower Factors Walk; and 123 East Broughton Street. The market in which this transaction took place is Savannah, GA.

Summary of transaction details:

Hodges Ward Elliott played a significant role in this transaction, representing the seller HLC Hotels in the multi-year sale. The completion of this sale involved the finalization of the sale of The Marshall House as part of the broader portfolio and was achieved through a strategic marketing approach that attracted strong investor demand. The sales process resulted in three separate buyers acquiring parts of the portfolio.

Players

Nate Ries

Hodges Ward Elliott

Broker
Broker

Charley Aimone

HLC Hotels

Seller
Seller

Elliott 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93