Akal Hotels Acquires Hotel In Ottawa For $6.1M

A hotel located at 120 W. Stevenson Road in Ottawa has been sold for $6,100,000. The property, consisting of 69 keys, was acquired by Akal Hotels from Ottawa Hospitality Group LLC. The transaction was facilitated by Scott Havericak and Robert Hunter of Marcus & Millichap.

Summary of transation details

• Property Type: Hotel
• Transaction Amount: $6,100,000
• Address: 120 W. Stevenson Road
• Market: Ottawa
• Keys: 69
• Buyer: Akal Hotels
• Seller: Ottawa Hospitality Group LLC
• Brokers: Scott Havericak & Robert Hunter - Marcus & Millichap

The sale of the hotel marks a significant transaction in Ottawa's real estate market. Akal Hotels, represented by Scott Havericak and Robert Hunter of Marcus & Millichap, successfully acquired the property from Ottawa Hospitality Group LLC. This deal demonstrates the continued interest and investment in the hotel sector in Ottawa.