Marcus & Millichap Sells Arlington Heights Hotel For $5.05M
441 West Algonquin Road
Hotel
55,960 SF
55,960 SF
Sold 1 year ago
Summary
The hotel located at 441 W. Algonquin Road in Arlington Heights has been sold. The transaction was completed on December 18, 2020 by Ebrahim Valliani, Allan Miller, and Chris Gomes of Marcus & Millichap. The property consists of 145 rooms, with a price of $5,050,000. The price per room was calculated at $34,828.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $5,050,000
- Address: 441 W. Algonquin Road, Arlington Heights
- Market: Arlington Heights
- Brokers: Ebrahim Valliani, Allan Miller, & Chris Gomes - Marcus & Millichap
- Rooms: 145
- Price per Room (PPR): $34,828
Ebrahim Valliani, Allan Miller, and Chris Gomes from Marcus & Millichap represented the parties involved in this hotel sale transaction.
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4
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1
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441 West Algonquin Road
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