JNR Management Inc Acquires Norwood Hotel For $10.8M With Brokers Alan Suzuki & Matthew Enright

The Norwood Park South Hotel in Norwood, MA has been sold for a total of $10,800,000. The property, located at 275 Norwood Park South, is a hotel asset with a total of 96 keys. The price per key (PPK) comes to $112,500.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $10,800,000
• Address: 275 Norwood Park South
• Market: Norwood, MA

The buyer of the property is JNR Management Inc, while the seller is Apex Capital Investments. The deal was facilitated by brokers Alan Suzuki and Matthew Enright from JLL.