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4 Chalet Road - Fairfield Inn & Suites by Marriott Raynham
SOLD

Jamsan Management Acquires Fairfield Inn & Suites In Middleboro For $9.25M

4 Chalet Road - Fairfield Inn & Suites by Marriott Raynham

Hotel
clock iconSold 171 days ago
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Summary

Sale
MASSACHUSETTS
Hotel

Ashok Patel's Jamsan Management has acquired the Fairfield Inn & Suites in Middleboro, Massachusetts for a price of $9.25 million. The hotel property, located at 4 Chalet Road, features 100 rooms available for guests. With a price per room of $92,500, this acquisition adds to Jamsan Management's portfolio.

Summary of transaction details

  • Property Type: Hotel
  • Transaction Amount: $9,250,000
  • Address: 4 Chalet Road - Fairfield Inn & Suites by Marriott Raynham
  • Market: Middleboro, MA
  • Bedrooms: 100
  • Price per Room: $92,500

Jamsan Management, represented by Ashok Patel, successfully closed the deal to purchase the Fairfield Inn & Suites. The seller, James G. Jalet, III of JNR Management, completed the transaction with Jamsan Management for the hotel property in Middleboro, Massachusetts.

Details

Deal Summary
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SOLD
IMAGE: James G. Jalet, III DATE: 11/01/2023 ADDRESS: 4 Chalet Road - Fairfield Inn & Suites by Marriott Raynham MARKET: Middleboro, MA ASSET TYPE: Hotel BUYER: Ashok Patel (@JamsanHotels) - Jamsan Management SELLER: James G. Jalet, III - JNR Management SALE PRICE: $9,250,000 BED: 100 ~ PPB: $92,500 NOTE: Jamsan Management has acquired the Fairfield Inn & Suites in Middleboro, Massachusetts, comprising 100 rooms, for $9.25 million.

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Address4 Chalet Road - Fairfield Inn & Suites by Marriott Raynham

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